Case StudyLow-Leverage Retail Strip Mall Private Money Financing
Loan Amount: $300,000
Loan-To-Value: 25% LTV
Term: 60-Months with a 12-month Interest Guaranty (12 Payments)
Situation & Challenge
The owner of a two-unit retail strip mall in Glendale, CA had a private money loan reaching maturity that needed to be refinanced.
The challenge was finding a trust deed investor looking for a longer term of five years with a sub-8.00% yield.
Solution & Result
FCTD had an investor with a Self-Directed IRA seeking to fund a lower risk trust deed in the Los Angeles area.
The business purpose private money loan funded in two weeks with both investors (real estate and trust deed), satisfied with the result.