RECENTLY FUNDED TRANSACTION: Riverside, CA Loan Amount: $1,375,000 Loan Purpose: Purchase Property Type: Multifamily Residence Opportunity: This property currently has great cash flow and is in a quiet safe neighborhood located in Riverside, CA. In addition to the current…
RECENTLY FUNDED TRANSACTION: Long Beach, CA Loan Amount: $835,000 Loan to Value: 54.242% Loan Purpose: Purchase Property Type: Multifamily Residence Opportunity: Borrower is very strong with a lot of experience especially with “value-add” properties like this one. The program…
RECENTLY FUNDED TRANSACTION: Salinas, CA Loan Amount: $2,210,000 Loan to Value: 85% Loan Purpose: Cash Out Refinance Property Type: 10 Acre-Mixed Use Agricultural Opportunity: Borrower's business is strong with increasing revenue. Unique property consisting of residential space (mobile homes and house),…
RECENTLY FUNDED TRANSACTION: Stanton, CA Loan Amount: $843,000 Loan to Value: 84.724% Loan Purpose: Purchase Property Type: Commercial Light Manufacturing Opportunity: Closed loan in 30 days! As a repeat client, in addition to being an experienced buyer, we were…
RECENTLY FUNDED TRANSACTION: Pomona, CA Loan Amount: $232,000 Loan to Value: 70% Loan Purpose: No Cash Out Refinance Property Type: Mixed Use Opportunity: This mixed use purchase in Pomona, Ca includes 2 units owner-user. Located in an ideal area of Pomona,…
RECENTLY FUNDED TRANSACTION: Gresham, Oregon Loan Amount: $1,995,000 Loan to Value: 75% Loan Purpose: Cash Out Refinance Property Type: 24 Unit Multi-Family Property Opportunity: This 24 unit property had seen an increase in their rents in addition to the immediate neighborhood.…
In Down Years, NOL Rules Can Offer Tax Relief & Renting Out Your Vacation Home From time to time, a business may find that its operating expenses and other deductions for a particular year exceed its income. This is known…
RECENTLY FUNDED TRANSACTION: Honolulu, HI Loan Amount: $1,700,000 Loan Purpose: Purchase Property Type: Multi-Family Residence Opportunity: This female student housing provided a few new obstacles that we were able to overcome with strong borrower experience and liquidity. For more information call: (877)…
RECENTLY FUNDED TRANSACTION: Long Beach, CA Loan Amount: $605,000 Loan Purpose: Purchase Property Type: Multi-Family Residence Opportunity: Our borrower was bringing funds from a 1031 Exchange. We were able to secure a strong package for the borrower with a property featuring…
RECENTLY FUNDED TRANSACTION: Valley Village, CA Loan Amount: $2,085,000 Loan Purpose: No Cash Out Refinance Property Type: Apartments Opportunity: With low borrower liquidity and weaker tax returns, we were able to successfully close the deal with a good location and strong financials on…