LAKEHEAD, CA STORAGE FACILITY PRIVATE MONEY LOAN


  • Lakehead, CA
  • $201,245 Loan Amount
  • Storage Facility
  • 1st Trust Deed

Loan Type:

$200,000 hard money equity cash out loan.

Property Type:

Secured by a storage facility located in Lakehead, California.

Purpose of cash out:

The Borrower needed to cash out his equity to buy his partner out and provide enough funds to rehab the property. The appraised value of the property was $400,000 making the loan to value 50% based on appraised value. Nationwide Mortgage was able to secure funding for this loan within 2 weeks.

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