Street Address: | Baldwin Ave |
Loan Amount: | $143,000.00 |
Purchase Price: | $220,000.00 |
Appraised Value: | $258,000.00 |
Loan to Value: | 55.43% (based on appraised value) |
Investor Yield: | 9.0% |
Property Type: | Single Family Residence |
Occupancy: | Non-Owner Occupied |
Term: | 40 due in 3 years (plus (2) 1 year extension options) |
Loan Status: | In Process |
Trust Deed Status: | Pre-Sold |
Contact Information:
David GoldenOffice: 949.467.9288
Mobile: 949.500.1917
Email: dgolden@goldencapitalgrp.com
Trust Deed Inquiry
Property Description:
- Experienced real estate investor buying this property as a “buy and hold”
– Borrower has 25% down payment
– Golden Capital Group is funding a 65% 1st and 10% 2nd (based on purchase price)
– Golden Capital Group private fund will retain the 10% 2nd trust deed
– Borrower is purchasing the property for $38,000 less than the appraised value