Baldwin Ave. Baldwin Park, CA 91706 (sold)

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 Golden
Office: 949.467.9288
Mobile: 949.500.1917

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