Long time homeowner and Self-employed Borrower was seeking a business purpose cash out loan to invest in borrower’s business.Subject is a split-level 4 bdrm/3.0 ba Single Family Residence located in the desirable Hollywood Hills area just above Sunset Strip. Property is upgraded throughout, with a terraced backyard and several patio areas, swimming pool/spa, and fountains.…
Self-Employed Borrower who owns & operates a Theatrical Company, and successful Mortgage Vintage borrower, was looking for a 2nd TD to expand its business & for working capital.Subject Property is a 1,394 s.f. SFR in the Valley Glen neighborhood of Van Nuys, CA, sitting on a 7,398 s.f. lot. Subject is adjacent to schools/college and just…
Former and successful Mortgage Vintage borrower and experienced real estate investors were seeking a new 1st Trust Deed on free and clear investment property to purchase a multi-unit apartment building in Pomona, CA. Subject is a 1 story SFR with 3 bedrooms, 2 bathrooms. Property is located in the heart of La Habra, CA. The property…
How to solve real problems with hard money loans? In a recent top-rated business Podcast, Tony Robbins stated that “The Best Business’ Solve Real Problems.” Besides being simplistic, direct, transparent, and fast, Hard Money Loans and Trust Deed Investments solve real issues that finance seeking professionals encounter. This month’s Blog analyzes the problems facing Orange…
Current and successful Mortgage Vintage client wanted a business purpose cash out to consolidate the existing 1st and 2nd mortgages and to invest in his business. Borrower has owned the property for several years.Subject is an 8,136 s.f. single story retail multi-tenant center located in the the High Desert. The Property sits on a 15,300 s.f. lot…
Borrowers were seeking business purpose cash-out refinance loan to make repairs to the property.Subject is a 2 story, Multi-family property in Los Angeles. The Property is 100% occupied with rent-controlled contract rental rates. The Property consists of three buildings built in 1909, 1910, and 1947. There are three different 2 bedroom layouts. One is a…
Borrowers were seeking a Business Purpose Purchase loan to purchase this single family home as an investment rental property for the borrowers..Subject is a 2 story, 5 bdrm/4 ba Single Family Residence located in the Chapman Heights neighborhood in Yucaipa. The Property measures 4,375sf of gross living area, and is situated on an 11,445 sf…