Investment Property in San Diego
- Estimated Value: $950,000
- Loan Amount: $185,000
- Position: 2st
- Interest: 10.25%
- Term: 1 year guarantee of interest
This borrower requested we payoff his existing 2nd mortgage of $65,000. He needed us to provide him a new 2nd of $185,000. His San Diego duplex had a value of $950,000 with a 1st mortgage of only $385,770. One of our investor gave him a new 2nd at 10.25% for 12 months. He is using the money to upgrade the property in order to get higher rent.
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.