Crescent Lenders Funds
$295K 1st Position Private Money Loan
Whittier, Los Angeles
About The Deal
The borrower sought a private money loan for the purchase of an 8-unit multi-family apartment complex in Whittier, Los Angeles, priced at $1,585,000.
The property, located in a high rental demand area, is comprised of three 2-bedroom, 1-bathroom units and five 1-bedroom, 1-bathroom units.
The borrower contributed a 15% down payment, and a new 1st position private money loan of $1,050,000 was also obtained.
With a successful track record of receiving various Los Angeles hard money loans from Crescent Lenders over 4 years, the borrower has been a reliable and profitable fix and flipper.
The borrower intends to refinance with a traditional bank in approximately 6 months.
$295,000
Whittier, Los Angeles
12.8%
66.0%
12 months
Purchase Financing
Multi-Family Apartment Complex
Refinance
Looking for a Purchase Financing Loan Near Whittier?
Crescent Lenders is a top rated private money lending company providing loans in and around The Los Angeles area.
We have been providing loans to commercial, residential and industrial California real estate investors for over a decade.
Whether you need a purchase financing loan for a multi-family apartment complex in Montebello or a cash-out Loan in Beverly Hills, Crescent Lenders can help with your urgent real estate financing investment needs.
Come see why we are the leading private money lenders in Los Angeles.
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