The borrower purchased a condominium in Tustin, California, for $390,000.
Located in a prime market, this charming single-family home boasts 4 bedrooms, 2.5 bathrooms, and 1,392 sq. ft. of living space.
The buyer is an experienced real estate investor who put down $130,000 to remodel this residential condo.
Crescent Lenders has arranged a handful of private money loans for the buyer's family, and they have always had an excellent payment experience.
This property is located in a good market, and the borrower is an experienced fix-and-flipper with a successful track record.
Additionally, the borrower’s 33% down payment puts us in line for a good loan-to-value of 66%.
This private money loan was financed based on the collateral and equity position.
Whether you require assistance with refinancing a hard money loan for an office building in Irvine or if you seek additional details about our probate loans, our team of experts with extensive knowledge and experience can provide the necessary guidance and support.
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