RCLG recently funded loans…
Loan Amount: $343,000
April 2019
La Mirada
Recorded Closed
SFR
Purchase Price: $490,000
Loan Amount: $343,000
General Rehab
Loan Amount: $544,000
October 2018
San Pedro
Recorded Closed
5 Units
Purchase Price: $777,000
Loan Amount: $544,000
General Rehab
Loan Amount: $242,400
May 2019
Los Angeles
Recorded Closed
SFR
Purchase Price: $303,000
Loan Amount: $242,400
General Rehab
Loan Amount: $3,088,000
2015
Pasadena
Closed
SFR
Purchase Price: $1,525,000
Loan Amount: $3,088,000
Addon of 4,000 SqFt to exising 4,000 SqFt | ARV $5M
Loan Amount: $570,000
December 2018
Los Angeles
Recorded Closed
3 Units
Purchase Price: $650,000
Loan Amount: $570,200
General Rehab
Loan Amount: $642,000
January 2019
Los Angeles
Recorded Closed
Vacant Lot
Refy Free and clear property
Loan Amount: $642,000
New Construction of 2 Story Ultra Modern SFR
Loan Amount: $1,195,200
May 2019
Los Angeles
Recorded Closed
5 Units
Purchase Price: $1,225,000
Loan Amount: $1,195,200
General rehab
Loan Amount: $300,000
March 2019
Compton
Recorded Closed
SFR
Purchase Price: $310,000
Loan Amount: $300,000
General Rehab
Loan Amount: $507,000
November 2018
Los Angeles
Recorded Closed
2 Units
Purchase Price: $650,000
Loan Amount: $507,000
General Rehab
Loan Amount: $510,000
May 2019
Arcadia
Recorded Closed
SFR
REFY 2nd Trust Deed
Existing 1st TD = $860,000
New 2nd TD = $510,000
Cash Out
FIXER FINANCE
REFINANCE
- Financing available up to 90%
- Rates from 8% up to 12.0%
- 12 Month Terms
- Discount points from 2% and up
- Other Loan fees range from $900.00 and up
CONSTRUCTION
- Financing with Holdback Accounts
- Rates from 9% and up
- 12 Month Terms
- Discount points from 2.25% and up
- Other Loan fees range from $900.00 and up
COMMERCIAL
- Financing available up to 80% of Purchase Price
- Rates from 8% and up
- 1-3 Year Terms
- Full Doc 10 year 4% and up
- Discount points from 2% and up
- Other Loan fees range from $500.00 and up
