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Crescent Lenders Funds

$600K Hard Money Loan Cash-Out Loan

Seal Beach, Orange County

About The Deal

The borrower requested a private money loan of $600,000 in Orange County. They purchased the subject property in 2010 for $750,000 and spent $100,000 on upgrades.

The property is currently owned free-and-clear and has an estimated market value of $1.0 million. In May 2017, a smaller unit in the same building, which was not remodeled, sold for $955,000.

The borrower utilized the funds to capitalize on another real estate opportunity. They have a strong financial profile, good credit, and are a repeat client of Crescent Lenders.

Residential Condominium in Seal Beach, Orange County
Amount
$600,000
Location
Seal Beach, Orange County
Rate
8.5%
LTV
60.0%
Term
36 months
Type
Cash-Out
Residential
Condominium
Exit Strategy
Refinance

Looking for a Cash-Out Loan Near Seal Beach?

Crescent Lenders is a top rated private money lending company providing loans around The Orange County area.

We have been providing loans to commercial, residential and industrial California real estate investors for over a decade.

Whether you're a real estate investor in Irvine looking to capitalize on a hot deal, or an individual in Anaheim who needs some extra liquidity to finish your fix and flip – Crescent Lenders has your back.

Learn more about why we are the best hard money lender in Orange County.

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Email
info@crescentlenders.com
Phone
213-474-3131
Send Us A Message
We Can Deliver Rapid Financing
Between $200k and $5 million dollars
Nationwide private lender (not a broker, avoid the extra fees)
Funding loans such as purchase, refinance, rehab, probate, 1031 exchanges, cash-out
All types of investment properties considered, residential, commercial and industrial
Crescent Lenders

Suite #116, 999 Overland Ave

Los Angeles, California

90064

Disclaimer: Crescent Lenders, DBA CrescentLenders.com ("CL") is a California licensed broker under California Bureau of Real Estate License No. #01792267. Regardless of this license, CL considers itself a “finder” for purposes of applicable laws and regulations (California Business & Professions Code § 10130, et. seq.).