21820 Burbank Blvd. #250, Woodland Hills, CA 91367

818.707.3452

9:00 AM - 5:00 PM, Monday to Friday

Investments

Residential 2nd TD, 58.63% CLTV, 12.50% interest

Availability:

SOLD OUT

Address:

4600 San Juan Cyn Rd., San Juan Bautista, CA 95045

Property Type:

SFR

LTV:

58.63%

Occupancy:

OCC

Loan Amount:

$200,000

Investor Yield:

12.50%

Appraised Value:

$1,540,000

Term:

1 year* (see description)

Comments:

Options:

Summary Information:

The borrower is refinancing her owner occupied home for cash-out to subdivide and build a new SFR on her ten and a half-acre property. The existing home is 2,672 sqft with a detached 2 car garage, 7-stall stable/barn, and 3-stall stable/barn. *The loan comes with 1 year prepaid interest and option to extend one year, provided the borrower advances her 1st interest payment. Investors should expect a 2 year term.

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