$722,000 Four-Plex Hard Money Loan in Southern California

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$722,000 Four-Plex Hard Money Loan in Southern California

First Capital secured the 85% Loan-to-Value (LTV) four-plex hard money loan in the form of a bridge-to-permanent financing. The buyer planned on renovating the four units, increase rents and refinance into a long-term rental property loan using new appraised value.

Four-Plex Hard Money Loan Terms:

  • $722,000 Loan Amount
  • 85% LTV
  • 12-Month Bridge Loan
  • No Prepayment
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