Private Money Loan for Mixed-Use Property Rehab Project in San Francisco, California

Funded by Security Financial Services

$2,150,000

Deal Details

Private Loan Type

Commercial Property Value Add

Approx. Funding Date

01/15/2018

Property Type
Mixed-Use
Property City

San Francisco

Property State

CA

Loan Term (months)

12

Lien Type

1st Mortgage

Payment Type

Interest Only

Purchase Price

$1,550,000

Loan-to-Value

75%

Renovation Budget

$600,000

Deal Summary

Security Financial Services, a direct private lending firm based in San Francisco, funded a $2,150,000 1st lien position private money loan for a mixed-use property in San Francisco, CA. The purchase price was $1,550,000 and the rehab budget was $600,000. Our loan-to-cost was 75%. The loan term was set at 12 months. This private money loan was funded in January 2018. 

Funded By

Security Financial Services

Direct Lender for Northern California Property Investors | Established 1943