HOME realestate

Hard Money Loan Winchester, CA
Loan Closings

Hard Money Loan Closed in Winchester, California

A hard money ‘Fix & Flip’ loan  closed on a SFR in Winchester, CA 92596. The loan provided Acquisition and Rehab funds to a seasoned house flipper to purchase and renovate a 3-bedroom, 2.5-bath SFR home. Winchester, an unincorporated area and census-designated place in Riverside County, California, USA, is the second oldest community in what is known as the San Jacinto Valley where settlers arrived to what they would call Pleasant Valley in 1879. Founded in 1886, the town was named after the widow of Horace Winchester, Mrs. Amy Winchester. Largely rural for most of its history, and home to

Read More »
Hard Money Loan Clearlake, CA
Loan Closings

Hard Money Loan Closed in Clearlake, California

A hard money ‘BRRRR’ loan  closed on a Manufactured SFR in Clearlake, CA 95422. The loan provided Acquisition and Rehab funds to a seasoned real estate investor to buy, repair, rent and hold a 2-bedroom, 1.5-bath manufactured home – adding it to his buy-and-hold portfolio. Known as the “Bass Capital of the West,” Clearlake is a city that surrounds a natural freshwater lake in Lake County, the largest and possibly oldest freshwater lake in California.  Archaeologists believe that the Clear Lake basin has been occupied by Native Americans for at least 11,000 years. Clear Lake was used as an outlying

Read More »
Hard Money Loan Clearlake, CA
Loan Closings

Hard Money Loan Closed in Clearlake Oaks, California

A hard money ‘BRRRR’ loan  closed on a Manufactured SFR in Clearlake Oaks, CA 95423. The loan provided Acquisition and Rehab funds to a seasoned real estate investor to buy, repair, rent and hold a 3-bedroom, 2-bath manufactured home – adding it to his buy-and-hold portfolio. Clearlake Oaks is a census-designated place in Lake County, California, United States. It is located on the extreme southeast of Clear Lake, 13 miles east-southeast of Lakeport, at an elevation of 1,335 feet. The population was 2,359 at the 2010 census, down from 2,402 at the 2000 census. The community was formerly named Stubbs

Read More »
3 Bed, 2 Bath Single-Family Home
Loan Closings

Hard Money Loan Closed in San Marino, California

A hard money ‘Working Capital’ loan  closed on an SFR in San Marino, CA 91108. The loan provided start-up capital for a health and wellness practice. San Marino is a residential city in Los Angeles County, California, United States. The principal portions of San Marino were included in a Mexican Land Grant in 1830 and it was incorporated on April 25, 1913. As of the 2010 census the population was 13,147. The city is ranked as number 78 among the wealthiest places in the nation in terms of household income.  Here are the loan details: SFR – Detached Secondary Financing

Read More »
Loan Closings

Hard Money Loan Closed in Rossmoor, California

A hard money ‘Fix-n-Flip’ loan  closed on an SFR in Rossmoor, CA 90720. The loan provided Rehab funds to a seasoned real estate investor/flipper for a pending property flip of an SFR in probate. The subject property is located in a planned census-designated place called Rossmoor, an unincorporated area of Los Alamitos, in the county of Orange. In the early 1950s, the growth of southern California and the need for housing became evident. Along came Ross Cortese, a young developer with a vision and the desire to build a large, exclusive community. This community of 3,500 homes was the largest

Read More »
Loan Closings

Hard Money Loan Closed in Los Alamitos, California

A hard money ‘Second’ loan recently closed on an SFR in Los Alamitos, CA 90720. The loan provided Rehab funds to a seasoned real estate investor/flipper for a pending property flip of an SFR in probate. On March 1, 1960, the township of Los Alamitos became a chartered city. Los Alamitos means the Little Cottonwoods or Poplars in Spanish, after the native Fremont Cottonwood trees there. The city of Little Cottonwoods was affectionately described as A Jewel of a City.  Here are the loan details: SFR – Detached Cash-Out Purpose – Rehab Funds Loan-to-Value (Combined) – 33% Second Trust Deed 60 Month

Read More »
Loan Closings

Hard Money Loan Closed in Wildomar, California

A hard money ‘Blanket’ loan recently closed on two income producing properties in Wildomar, CA 29595.  The loan provided for the consolidation of multiple ballooning notes blanketed against two manufactured homes each on a permanent foundation with recorded 443a’s, both located in the county of Riverside, city of Wildomar. The name Wildomar was coined from the names of its three founders — the WIL from William Collier, the DO from Donald Graham and the MAR from Margaret Collier Graham. Wildomar is a community of old and new, more mature homes and acreages with horses and other animals mixed with more

Read More »
Loan Closings

Hard Money Loan Closed in Hayward, California

A hard money ‘Blanket’ loan recently closed on four lots in Hayward, CA 94541.  The loan provided funds for the acquisition of four parcels – three vacant residential lots plus an improved residential lot – for spec development. The Ohlone and Yrgin Indians, Spanish rancheros, and apricot farmers all play an important role in Hayward’s rich history. Known as the “Heart of the Bay,” the City of Hayward is the sixth-largest city in the Bay Area, with 150,000 residents and a thriving regional center of commerce, manufacturing activity and trade. Here are the loan details: SFR Purchase – Blanket Loan

Read More »