Deal Highlights

Loan Amount: $407,000
Loan Type: Cash-Out Refinance
LTV: 67%
Loan Term: 12 months
Lien Type: 2nd lien
Property Type: Triplex

ABOUT THIS DEAL

SDC CAPITAL recently funded a $407,000 cash-out refinance secured by a triplex in Los Angeles, California. The loan was structured at 67% loan-to-value with a 12-month term.

This second-lien cash-out refinance allowed the borrower to access the property’s existing equity and use the proceeds as a down payment for another investment property purchase. By leveraging equity from a stabilized asset, the borrower was able to move quickly on a new opportunity without selling the property.

At closing, the triplex was in excellent condition, supporting the borrower’s strategy to refinance the loan at maturity.

This transaction highlights how investors can unlock capital from existing properties to continue growing their real estate portfolios while maintaining ownership of performing assets.

Have a property that needs funding? Email info@sdccap.com or call 424-304-1072 to get started.