by admin | Apr 10, 2013 | California, Commercial, Success Stories
Loan Amount: $240,000 Rate: 9.25% Appraisal Value: $640,000 Term: 18 months Lien Position: First Two loans made for one borrower in equal amounts and terms for the purchase of 2 gas station/C-Marts in Northern...
by admin | Jan 23, 2013 | California, Commercial, Success Stories
Fresno County, CA – $500,000 – 2nd Lien We were asked to provide our exclusive Convertible Commercial Line of Credit Plus(CCLOC+) , in second position for a niche retail mall for the borrower’s use in taking advantage of other investments. This loan...
by admin | Jan 23, 2013 | California, Commercial, Success Stories
Humboldt County, CA- $165,000 Our borrowers were looking for a cost-effective way to finance improvements to certain rental properties they owned. Our CCLOC+ (Convertible Commerical Line of Credit+) allowed them to use equity in a 5-plex for a line of credit which...
by admin | Jan 23, 2013 | California, Commercial, Success Stories
Long Beach and Fresno County, CA – $420,000 A Long Beach real estate investor looking to purchase distressed residential properties needed to leverage other commercial real estate owned. Reprop was able to provide a two part refinance secured by single tenant...
by admin | Jan 23, 2013 | California, Commercial, Success Stories
Loan Amount: $700,000 Rate: 6.75% Appraisal Value: $ 1,325,000 Term: 36 months Lien Position: First Our borrower could not find a lender on this unique rental concept – cooperative space for artists in Marin County. This is a commercial property located in an...
by admin | Jan 23, 2013 | California, Commercial, Success Stories
Placer County, CA – $450,000 This borrower needed a line of credit to assist with their business operations. While their primary business showed recent losses due to circumstances outside their control, their business property had attributes that allowed us to...
