Los Angeles, CA

$200,000

Child Day Care

Equity Cash Out

04/12/2018
Transaction by
DML Capital
This property is owned free and clear. This loan will be a cash-out loan to do repairs such as installing a new roof, new paint job and miscellaneous maintenance items. Additionally, the borrowers plan to use the funds to do similar repairs on their rental property at 1640 South Bedford Street, Los Angeles. Their rental property is valued at $1.5 million and they owe $250K on it today.