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Hard Money Loan Closed in Crestline, California

By |2018-03-30T07:52:53-07:00March 21st, 2018|Categories: Loan Closings|

A hard money 'Working Capital' loan recently closed on a newly renovated residential duplex in Crestline, CA.  The loan provided funds for additional real estate investing to a real estate investor. The property will be held for rent. Here are the loan details: Residential Duplex x2 Cash-out Purpose – Working Capital Loan-to-Value - 60% “AS IS” [...]

Hard Money Loan Closed in Redondo Beach, California

By |2018-03-30T07:54:44-07:00February 1st, 2018|Categories: Loan Closings|

A hard money 'Construction Completion' loan recently closed on a residential duplex in Redondo Beach, CA.  The loan financed the balance of unfinished renovations to four units and common area of an investment property for a real estate investor. Upon renovation, the property will be held for rental. Here are the loan details: Residential Duplex x2 [...]

Hard Money Loan Closed in Bakersfield, California

By |2018-03-30T07:56:15-07:00January 28th, 2018|Categories: Loan Closings|

A hard money 'Purchase' loan recently closed on a bank owned REO property in Bakersfield, CA.  The loan financed the purchase of an investment property for a real estate investor. The property needs repairs estimated at $20,000 and will be made from borrower funds. Upon renovation, the property will be held as a rental. Here are [...]

Hard Money Loan Closed in San Bernardino, California

By |2017-11-12T12:00:22-07:00May 22nd, 2017|Categories: Loan Closings|

A hard money blanket loan recently closed against three SFR dwellings in San Bernardino, CA. This was a cash-out loan against three properties, all remodeled and tenant occupied with stabilized rents and positive cash-flow. Proceeds were used to finance the purchase of an investment property for a real estate investor. Here are the loan details: SFR's [...]

Hard Money Loan Closed on W 21st Street in Santa Ana, California

By |2017-11-12T12:08:58-07:00April 29th, 2017|Categories: Loan Closings|

A hard money loan recently closed on a bank owned REO property in Santa Ana, CA.  The loan financed the purchase of an investment property for a real estate investor. The property needs repairs estimated at $30,000 and will be made from borrower funds. Upon renovation, the property will be marketed for sale. Purchase - [...]