$1,750,000 | 2nd TD Loan | San Jose, CA

$1,750,000 | 2nd TD Loan | Multi-family Property

$1,750,000 2nd TD Closed in 9 days!

The borrower has owned a 35 unit multi-family property for several years and needed to monetize equity in order to buy out a partner’s shares on a separate property after a partnership dispute. The borrower plans to refinance with a conventional loan once they have complete ownership of the property. RTI was able to fund a $1,750,000 2nd TD with very little documentation in only 9 days.