Mountain Glen Dr. Menifee, CA. 92584 (sold)

Street Address: Mountain Glen Dr.
Loan Amount: $179,000.00
Purchase Price: $179,000.00 + $135,000 (cross collateral)
Appraised Value: $182,000 + $135,000
Loan to Value: 57%
Investor Yield: 9.0%
Property Type: Single Family Residence
Occupancy: Non Owner Occupied
Term: 40 due in 6 months
Loan Status: Funded
Trust Deed Status: Sold

Contact Information:

David Golden
Office: 949.467.9288
Mobile: 949.500.1917

Trust Deed Inquiry

Property Description:

- Subject property is a 4 bedroom, 2.5 bathroom built in 2002

– Purchase price was $179,000 and we funded a loan for $179,000 and cross collateralized our loan against another rental property with an appraised value of $135,000. (see both sets of photos)

– Borrower is in the process of cleaning up the property and will sell for a profit

– Borrower is an experienced real estate investor with a successful track record

– Trust deed will be paidoff once the property sells

– Please contact Golden Capital Group for more information about this trust deed investment