Investments

High Interest Yield! Multi Property Investment, One with Rental Income

  • Investment Details
  • Additional Information

Availability:

270K available

Address:

39959 Michele Street 40224 Blanchard St, Fremont, CA 94538

Property Type:

Residentials

LTV:

60%

Occupancy:

One owner occupied business purpose, other non-owner occupied

Loan Amount:

$515,000

Investor Yield:

11%

Appraised Value:

$1,841,000 combined

Term:

24 months

Comments:

The borrower is refinancing their Single Family home along with their rental property. They are using the cash out for property purchase investments. The Michelle street property currently has $4500 per month in rental income. Borrower is paying $2,000 per month towards principal paydown each month on the 1st td’s.

Options:

Fractionalized

Summary Information:

Contact Garret Hecker at (805)208-6419 for more details.

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