8 Units In Sherman Oaks CA
- Estimated Value: $2,400,000
- Loan Amount: $670,000
- Position: 2nd
- Interest: 9.9%
- Monthly interest to investor: $5,527.00
- Term: 60 months
2nd TD on an 8 unit building Sherman Oaks. Borrower had a $585,000 1st. We provided $670,000 in a 2nd position Los Angeles hard money loan. The building generates $14,000 per month. The Borrower is using our proceeds to purchase an investment property in Pacific Palisades.
Please contact Judy at 800-571-0887 Extension 2 to inquire about Trust Deeds currently in need of funding. Keep in mind, all loans in this section have already been placed with investors. They are listed here to demonstrate the wide range of loans we offer.
Call 800-571-0887 or fill out our web form for a call back. If you prefer, you can visit our Los Angeles Hard Money Loan office for an in person meeting today.