Trinity County Fixer Upper Motel

Trinity County Fixer Upper Motel

Loan Amount: $135,000 Rate: 9.75% Appraisal Value: $ 360,000 Term: 15 years Lien Position: First This borrower had an existing loan with us and wanted to purchase a fixer-upper motel in Trinity County owned by and investment fund and managed by a REO disposition...
Los Angeles Rehab

Los Angeles Rehab

Loan Amount: $485,000 Rate: 6.99% Appraisal Value: $970,000 Term: 12 months Lien Position: First Borrower owns a real estate development and management company and just completed an all-cash acquisition of the subject property. Loan proceeds will be used to complete...
Old charm estate in Pasadena

Old charm estate in Pasadena

Loan Amount: $1,000,000 Rate: 5.99% Appraisal Value: $ 2,600,000 Term: 24 months Lien Position: First One week from appraisal to funding on this Best for your Best loan! Our borrower needed initial working capital to fund a new business venture and tapped into the...
C-Mart / Gas Station and Inventory

C-Mart / Gas Station and Inventory

Loan Amount: $240,000 Rate: 8.75% Appraisal Value: $ 600,000 Term: 60 months Lien Position: First This transaction involved the acquisition of a gas station with C-Mart and respective inventories. We worked very closely with the borrower, the seller, the real estate...
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