Loans to
Bridge
Location: Salinas, CA
Funded: $2,600,000
Private Loan Type: Bridge Loans
Deal Highlights:
Deal Summary:
Our borrower had limited funds to put down on the purchase, so we cross collateralized two of their other investment properties to close the transaction. Shortly after the close of our bridge loan, the borrower was able to secure traditional financing to take us out.
Deal Details:
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HCS Equity is a private money lender based in Carmel, California, specialized in loans for trust & estate property.
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