Successful business owner sought a cash-out 2nd TD of this owner occupied SFR in Riverside County.  Proceeds from this loan will be used for the investment into a pizzeria franchise and to purchase equipment for the business.

Our subject property is a beautiful two-story SFR located in Beaumont and sits on a 7,405 sqft lot.  The subject was built in 2005 and has 2,524 sqft of living space with 9 total rooms – 5 bedrooms, 3 baths and 2-car attached garage with a pool and spa.  The home is located just north of the  I-10, walking distance to a large park, schools, restaurants, and shopping.

What we like about this Trust Deed opportunity:

  • Riverside County location and being near a park
  • 9 months Guaranteed Interest
  • 11.00% yield

$132,000 2nd TD @ 10.50%, 67.73% Net CLTV, Cash-Out, SFR, 24 Mos Term, $44,000 Min Inv., Beaumont, CA