© FUNDED LOAN SAN DIEGO COUNTY · CA
$1,700,000 1st DOT Purchase/Rehab Loan, San Diego
First deed of trust · Purchase · Rehab loan · Hotel
SUCCESS STORY
A developer needed purchase and rehab financing for a hotel in San Diego on a tight timeline.
LOAN GOAT ACTION
A $1,700,000 first trust deed purchase rehab loan, at roughly 47% of value. Payoff comes from stabilization and a refinance.
VALUE ADDED
The loan funded, and the borrower kept the deal.
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