© FUNDED LOAN SAN DIEGO COUNTY · CA
$2,900,000 1st DOT Purchase/Construction Loan, San Diego
First deed of trust · Purchase · Construction loan · Multi-family
SUCCESS STORY
A developer needed acquisition and construction financing for a multi-family building in Normal Heights, San Diego on a tight timeline.
LOAN GOAT ACTION
A $2,900,000 first trust deed purchase construction loan, at roughly 57% of value. Payoff comes from permanent financing.
VALUE ADDED
The loan funded, and the borrower kept the deal.
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