Rudy Muniz’s client currently has a hard money loan in the amount of $630,000.00 at an interest rate of 8% per annum on this just listed San Dimas home at $1,189,000.00. Since the home is listed well over a million dollars, and the finishes are currently done, Rudy Muniz’s clients loan is close to 50% loan to value ratio. 50% is extremely safe loan to value in the hard money market!!! The 8% per annum of $630,000.00 breaks down to $4,200.00 a month!! All interest payments are current. Want to sit back and make money in real estate? Contact Rudy Muniz today.
