$1,350,000 | 1st Trust Deed Loan | Los Angeles, CA

$1,350,000 | 1st Trust Deed Loan | Los Angeles, CA

$1,350,000.00 1st Trust Deed loan CLOSED in Los Angeles! Our borrower was seeking to acquire a duplex in an opportunity zone with plans to build an ADU and rent all three units at market rent, however was unable to obtain a bank loan due to the property’s vacancy rate. We funded the purchase at 100% LTP and monetized the borrowers equity by collateralizing another property our borrower owned in only ONE WEEK. We are a direct lender for bridge financing, we offer our borrower’s the creativity necessary to make deals work, and most importantly, CERTAINTY OF EXECUTION.