Business owner and real estate investor is seeking a cash-out 2nd TD of this owner occupied SFR in Riverside County. Proceeds from this loan will be invested into the borrower’s investment business to pay for a build-out at their new office and build an online presence. Borrower entered into a Lease with Option to Buy Agreement…
Real estate investors were seeking a 1st TD to purchase this beautiful Rancho Mirage home. Property will be used as a furnished vacation rental. The subject is a Spanish style single story residence in the gated Mira Vista neighborhood of Rancho Mirage. The home measures 2,332 sf of gross living area and is situated on…
Rancho Mirage, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $272,350 Purchase Price $419,000 Occup Non-Owner Occ. Interest Rate 10.00% LTV on Purch. Price 65.00% Loan Type Rental Purchase Amortization 40 Year amort/due in 2 years Guaranteed Interest 6 months Loan Scenario: Real Estate Investor looking to purchase SFR…
Rancho Mirage, CA – Funding Now Download Full Summary – Rancho Mirage, CA Property / Loan Information Property Type SFR Lien Position 1st Trust Deed Trust Deed Amount $272,350 Purchase Price $419,000 Amortization and Term 40 Year amort/due in 2 years LTV on Purch. Price 65.00% Loan Type Rental Purchase Occupancy Non-Owner Occupied Rate for Investor…