Industrial Property In Torrance California
- Estimated Value: $6,160,000
- Loan Amount: $2,600,000
- Position: 1st
- Interest: 9%
- Monthly interest to investor: $19,500,00
- Term: 3 year with 6 month guarantee of interest
The borrowers 2.3 million dollar hard money loan was coming due. The existing lender granted him a loan extension but with NO cash out. The borrower wanted $300,000 to start another business. The property appraised for $6,160,000. We provided the cash he needed and quickly closed the loan. 9% for 36 months with a 6 month prepay.
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.