$800,000 Hard Money Second Mortgage Blanket Loan

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$800,000 Hard Money Second Mortgage Blanket Loan

A California real estate developer used a hard money second mortgage blanket loan to begin work on this teardown home on 1.25 acres in the East Bay Area.

Hard Money Second Mortgage Blanket Loan Terms:

  • $800,000 Loan Amount
  • 6-Month Term
  • Loan crossed with “pending” luxury spec home
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