Monthly Archives: February 2015

4,437 SQ FT Commercial Building – Cash Out Refinance Loan

Hard Money Ohio

Property Location: Cleveland, OH

Property Value: $242,900

Loan Amount: $55,000

Interest Rate: 12%

Term: 24 Months

We were able to cash this borrower out of his free and clear property for needed business capital.

936 SQ FT Single-Family Residence – Cash Out Refinance Loan

Maine Hard Money Funding

Property Location: Livermore, ME

Property Value: 150,000

Loan Amount: 50,000

Interest Rate: 12%

Term: 24 Months

We were able to cash out a repeat borrower to complete renovations.

2,800 SQ FT Single Family Home – Purchase Loan

michigan hard money loan

Property Location: Southfield, MI

Property Value: $100,000

Loan Amount: $80,000

Interest Rate: 12%

Term: 24 Months

We were able to provide a 24 month bridge loan to this Michigan Real Estate investor. Property was bank owned and the borrower had 30% down.