Private Money Bridge Loan for Long Beach Fourplex Refinance

Funded by Wilshire Quinn Capital, Inc.

Long Beach, CA


2-4 Units Residential


Transaction by
Wilshire Quinn Capital, Inc.
$1M Private money bridge loan for the refinance of a 4-unit residential property in Long Beach, LA County. The previous 1st mortgage was maturing and needed to be paid off quickly. The property was appraised for $2,400,000 so the LTV of this bridge loan was 42%.