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 GoldenOffice: 949.467.9288
Mobile: 949.500.1917
Email: dgolden@goldencapitalgrp.com
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