Hard Money Loan in Inglewood

Funded – Cash Out Refinance in Inglewood, CA.
Duplex Property – Rehab, Cash Out Refinance Loan.
60% LTV, Note Rate 11.5%, First Trust Deed,

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Property / Loan Information
Property Type SFR
Lien Position 1st TD
Loan Amount $225,000
Est Valuation $375,000
Actual Rent $2,70
Interest Rate 11.50%
LTV on Est Value 60.00%
Loan Type Business Purpose Cash-Out Refi
Amortization 40 Year amort/due in 2 years
Guaranteed Interest 3 months