Borrowers sought a 1st TD loan to purchase this non-owner occupied, SFR rental investment property in Paradise, Solano County, CA.  Borrowers are putting down $148k personal funds “skin in the game” towards the purchase of this investment property. Exit strategy is a conventional refinance.

The subject property is a contemporary styled, one story SFR with 1,900 SF living space on a large 2 acre lot. The subject property consists of  5 total rooms, 3 Bed / 2 Bath and a 2 car attached garage. The subject property features a nice outdoor deck and gated entry. The subject property is centrally located near shopping plazas, schools, parks, restaurants, banks, and medical offices. Market rental for subject property: $2,900. Plus, borrowers plan to build an ADU on lot in future for additional rental income.

What we like about this Trust Deed opportunity:

  • Good condition SFR Rental Investment Property
  • Borrower has approx. $148k “skin in the game”
  • 70.00% LTV on Purchase & BPO

$325,500 1st TD @ 9.50%, 70.00% LTV, Purchase, $65,100 Min Investment, 36 Mo Term, 6 mo. Guar Int., Paradise, CA