Mixed-Use Loan in California

Posted by
| Comments Off on Mixed-Use Loan in California
Mixed-Use Loan Oakland California - Commercial Direct

Closed Loan in Oakland, California

Purpose: Cash-Out Refinance
Loan Amount: $530,000
Location: Oakland, California
Broker Made: $15,900


  • Investor sought to refinance two properties in a strip center and purchase an adjacent vacant lot.


  • Commercial Direct provided a blanket loan for the 3 adjacent properties that included the cash-out necessary to purchase the lot.
  • Deal was funded using Commercial Direct’s Lite Doc Program.
  • Closed in less than 30 days.

Related Post

Retail Loan in Florida Closed Loan in Hialeah, FL Purpose: Refinance Loan Amount: $750,000 Location: Hialeah, FL Challenge: Experienced investor rehabbed and stab...
Multifamily Deal in Texas Closed Loan in Dallas, Texas Purpose: Cash-Out Refinance Loan Amount: $500,000 Location: Dallas, TX Challenge: This borrower had very low l...
Multifamily Loan in North Carolina Closed Loan in Charlotte, North Carolina Purpose: Refinance Loan Amount: $450,000 Location: Charlotte, North Carolina Days to Close: 26 Challen...
Light Industrial Loan in Ohio Closed Loan in Columbus, Ohio Purpose: Refinance Loan Amount: $1,332,500 Location: Columbus, OH Challenge: Borrower had a maturing note wit...