Collateral: Desirable Ready to Build Vacant Lot
Loan Amount * $550,000 Rate * 9.75% Appraised Value * $1,100,000 Term * 36 Months, Interest Only Lien Position * First Our borrower owned a multifamily lot in near Echo Park in Los Angeles. He needed quick cash-out loan which we were able to accommodate. The property...
243 Acres of Timber in West Bend, OR
Loan Amount * $500,000 Rate * 8.49% Appraised Value * $4MM Term * 12 Months, Interest Only Lien Position * First Our borrower was in contract or purchase a large tract of land with a Large Track Dwelling approval in place. He has been working with a conventional Ag...
Made a New Investment Possible Before the Previous Sold
Loan Amount * 350,000 Rate * 10.99% Appraised Value * $1,317,000 Term * 6 Months, Interest Only Lien Position * First Our borrower had a commercial property on the market and identified his next investment purchase. We helped him purchase the new property with a first...
Coastal Light Industrial with Space to Expand
Loan Amount * $252,000 Rate * 9.5% Appraised Value * $890,000 Term * 12 Months, Interest Only Lien Position * First Our return borrower needed to move fast to close this purchase with our financing and a plan to develop mini storage, which is high demand and limited...
