Blog Header

In: Redondo Beach, CA

  1. Home
  2. Blog

$90,000 | 2nd Trust Deed | Redondo Beach, CA

RTI funded a $90K second trust deed on a newly built, tenant-occupied condo in Redondo Beach generating $6,200/month. Our repeat borrower—who developed the entire complex—kept select units as rentals before converting to sales, closing at 74% CLTV.

$350,000 | 2nd Trust Deed | Gardena, CA

RTI funded a $350K second trust deed on a fully renovated 10-unit apartment building in Gardena, CA. Under contract to sell for $3.25M, the short-term bridge loan gave a repeat borrower capital to complete another project—closing at just 70.55% CLTV with a quick 75-day exit.

$200,000 | 2nd Trust Deed | Redondo Beach, CA

RTI funded a $200K second trust deed at just 62.5% CLTV on a rental home in North Redondo Beach generating $4,050/month. The seasoned local developer used the bridge loan to unlock capital while preserving a favorable 3.875% first mortgage.

$120,000| 2nd TD Loan | Redondo Beach, CA

RTI funded a $120K second trust deed on a newly built, non-owner-occupied condo in Redondo Beach. With strong rental income and a borrower track record of over 600 completed homes, this low-60s CLTV loan helped unlock capital for new development projects.