This property was purchased in July of 2008 for $1,450,000 all cash. The owners are entrepreneurs that needed $550,000 cash out to secure the lease and make improvements to their new store, located across the street from the San Francisco Giants stadium. Since banks are very limited in terms of the amount of cash out […]
Condominium in San Francisco’s Prestigious Marina Neighborhood
This borrower has an 809 FICO score and a verified net worth of $20,000,000. He came to us in need of $1,300,000* in 72 hours to close escrow on a real estate purchase, or he would lose a six-figure earnest-money deposit. He was involved in a simultaneous 1031 exchange when the down-leg escrow failed to […]