1631 Spreckels Lane, Redondo Beach, CA financed with a $200,000 2nd trust deed by RTI Bridge Loans

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

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15525 Lakewood Boulevard, Paramount, CA financed with a $720,000 1st trust deed by RTI Bridge Loans

$200,000 | 2nd Trust Deed Loan | 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.