A recent private money closing by Eric Baehr in San Jose demonstrates how alternative lending continues to support borrowers who need fast, reliable financing especially when timing is critical in competitive housing markets. In this transaction, a $550,000 loan was funded in the first trust deed (1st TD) position at a conservative 61.1% loan-to-value ratio, providing strong collateral coverage while still delivering meaningful leverage to the borrower.
According to the deal details, the loan proceeds were used toward the purchase of a new primary residence. This structure highlights one of the most common and valuable use cases for private money: helping borrowers secure a property quickly while preparing for a longer-term refinance, sale of another asset, or other exit strategy.
See how we can help with your next real estate investment opportunity. Our experienced team is ready to provide competitive rates and fast approvals.
