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Loan Closings

Hard Money Loan Closed in Sugarloaf, California

A Funded Flip in Sugarloaf, CA! This purchase loan provided acquisition and renovation funds for this Fix & Flip project. The property was acquired for $130,000 with an After-Repair-Value of $235,000 and a rehab budget of $30,000. Subject is in Sugarloaf, an unincorporated community residential area less than a mile south of Big Bear City and 8 miles from the eastern tip of Big Bear Lake in the San Bernardino Mountains of San Bernardino County, California. The area is primarily residential with a convenience store and a post office located at the center of the community. There is no municipal

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Los Angeles County Affordable Housing Investment
Loan Closings

Hard Money Loan Closed in Los Angeles County, California

A hard money Blanket loan closed on an Affordable Housing Portfolio in Los Angeles County, CA. This purchase loan provided acquisition funds to acquire a portfolio of 5 affordable housing apartment buildings. Affordable Housing – For many disadvantaged, working and lower income families, homeownership is out of reach. The benefit of affordable housing is in its ability to enable families to have the opportunity to live in communities close to work, education, and affordable transportation, while making provision for those most at-risk in our society. Source: Affordable Housing News Here are the loan details: Mulit-Family Buildings Purchase Purpose – Investment

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Loan Closings

Hard Money Loan Closed in Clearlake, California

A hard money Blanket loan closed on an income producing property in Clearlake, CA 95422. This cash-out refinance loan against an investment property (an improved lot with two detached SFR dwellings and Vacant lot) provided investment capital to buy investment property. Geologists believe that Clear Lake may be the oldest lake in North America, with lakes existing at its site for approximately 2.5 million years. Clear Lake was born when a huge landslide dammed the headwaters of Cold Creek, blocking westward water flow into the Russian River. Water filled the level valley. The rising waters eventually found an outlet in

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Hard Money Loan Lake Elsinore, CA
Loan Closings

Hard Money Loan Closed in Lake Elsinore, California

A hard money Working Capital loan closed on an income producing property in Lake Elsinore, CA 92530. This cash-out refinance loan against an investment SFR dwelling provided improvement capital for the borrower’s religious operation that involved the expansion of existing church facilities with room additions. Lake Elsinore is a natural freshwater lake in Riverside County, California, located east of the Santa Ana Mountains and fed by the San Jacinto River. … Originally named Laguna Grande by Spanish explorers, it was renamed for the town of Elsinore, established on its northeastern shore on April 9, 1888. Source: Wikipedia Here are the

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