Yes, 10% LTV, 90% equity position. A Real Estate Broker from Orange County had a client that needed to pull some funds out of their investment property while the property was being listed. A private money loan was funded in 5 days; the agent looked like a hero, the seller gets some cash now while the agent works their magic and a client for Palm Desert Capital receives a return of 10%, while having excellent security. (There was a four month minimum in interest collected).
PDC is here to help.