54 Acres of Develop-able Land in Sonoma County
Loan Amount: $310,000.00 Rate: 9.75% Appraisal Value: $ 690,000.00 Term: 24 months Lien Position: First The borrower found this great piece of land to develop into multiple estate style homes. The plans are to sell some parcels as land and sell the rest as move-in...
Longview Industrial Land
Loan Amount: $245,000.00 Rate: 11.50% Appraisal Value: $ 3.25MM Term: 12 months Lien Position: First The borrower needed a quick, short term loan. From the day terms were accepted, we were able to close and fund within a...
Los Angeles County Car Wash and Gas Station
Loan Amount: $600,000 (Car Wash)/$600,000 (Gas Station) Rate: 7.99%/8.99% Appraisal Value: $ 1,350,000 (Car Wash)/$1,250,000 (Gas Station) Term: 24 months Lien Position: First The Borrower is an experienced real estate investor who needed equity out of his free and...
SFR and Adjacent unimproved lot in Riverside, CA
Loan Amount: $200,000 Rate: 7.99% – 8.99% step rate Appraisal Value: $445,000 Term: 24 months Lien Position: First The Borrower is a real estate investor and developer from out of State. The SFR will provide rental income while the adjacent land may be developed...
