Seeking $600K Loan on Asset Value at $3.5M - Best Location.

Single Family Residence(SFR) property located in Beverly Hills,CA 90210 - acquired 14 years ago.

1. Seeking Lender for $600k operational/construction funding for 12-18 months. Fast Close.

2. Property Appraised 2014 at $3.4M

3. First at $1.2M. 30% Debt To Equity 

4. Keep 1st Loan in place (3.5%), and Lender does 2nd as     /Construction/ loan or L/C.  Might consider Refi/Cashout depending on rates.

5. Seeking Lender for $600k for 12-18 months. Fast Close.  - Very Low Risk - Short Term 

6. Funds are to build Second Residence on adjacent lot - This will increase the value of the underlying asset by $3.5 to $4.1M. Funds also used for operational and to subdivide existing lot. 

7. Another $5.0M Construction Financing in 12 months will be required for these 2 projects. (Total ARV - $15M)

Views: 318

Reply to This

Replies to This Discussion


If you are still seeking funds for this project we can assist you with that and close quickly. We are located nearby.

Give me a call (310)480-4447 or


© 2022   Created by Admin.   Powered by

Badges  |  Report an Issue  |  Terms of Service