$1,875,000 Purchase Loan of Multi-Unit SFR

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August 30, 2022

SUMMERLAND, CA – This chic surf cottage boasts ocean views within a short walk to the beach. Our experienced repeat borrower has extensive experience in the surrounding areas and jumped at the opportunity to acquire this gorgeous and charming home as a successful ST rental income-producing property. They will exit our loan with a traditional mortgage.

Highlights:

  • Five-Day Close
  • Experienced Repeat Borrower
  • 75% LTV

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