$625,000 | 2nd TD Loan | Los Angeles, CA

$625,000 | 2nd TD Loan | 21 Unit Multi-family Property | Los Angeles

$625,000 2nd TD CLOSED!

RTI funded this 2nd TD behind a senior lender to complete the capital stack for an experienced real estate investor who needed a bridge loan to acquire a value-add 21 unit multifamily investment property in Los Angeles. Units which were intentionally left vacant as a part of the purchase requirements, eliminated borrower’s ability to obtain regular bank financing at closing.

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