Successful dog training and breeding owners sought a business purpose cash-out 1st TD on this owner occupied SFR in Murrieta, Riverside County. Proceeds from the loan will be used to help expand their business by building a much larger area for the dogs and equipment as well as upgrading all of the current equipment tools that are currently being used.
The subject property is a unique, two story, traditional Spanish style home sitting on a 7,405 SF lot. The home is 2,775 SF with 12 total rooms including 5 bedrooms, 3 full bathrooms, and a 2-car attached garage. The home is in a beautiful part of Riverside County, located next to schools, shopping, restaurants, recreation and medical facilities.
What we like about this Trust Deed opportunity:
- Great location in Murrieta
- Successful business owners looking to expand
- 28.40% LTV
- 9 months guaranteed Interest
- 12 months prepaid interest
$190,000 1st TD @ 7.00%, 28.40% LTV, Cash Out, SFR, 24 mos., Murietta, CA