First Capital Trust Deeds of Newport Beach provided the buyer of this Los Angeles mid-century ranch with a private money financing package at 85% LTV purchase 85% LTV rehab spread across $1,325,000 total loan amount.
85% LTV Purchase 85% LTC Rehab in Los Angeles Terms:
- $1,100,000 Purchase (85% Loan-to-Value (LTV))
- $225,000 Rehab (85% Loan-to-Cost (LTC))
- 12-Month Term
- No Prepayment Penalty
- 4 Scheduled Construction Reimbursement Draws
Do you have a similar financing scenario?
Inquire about your financing options with FCTD.