Real estate investor, previous Mortgage Vintage borrower and experienced Fix & Flip general contractor is sought a business purpose loan to purchase this prime fix & flip opportunity in Orinda, Contra Costa County, CA.
The subject property is a 3-bedroom/2-bathroom SFR located in Orinda’s desirable Ivy Drive neighborhood. The 1,572 SF home is situated on a 0.24-acre lot with curb appeal featuring a covered front porch. South Orinda is a sought after suburb neighborhood in the San Francisco Bay Area. The subject property is close to many regional parks, hiking trails and blocks to award winning K-12 schools. The subject property is well located within a 5-minute drive to or bus to BART to access surrounding larger Bay Area cities and right off HWY-24.
What we like about this Trust Deed opportunity:
- Former MVI borrower, experienced Fix & Flipper & real estate investor
- 61.80% LTV on BPO value
- 3 months Guaranteed Interest
- Desirable SF area location
$660,000 1st TD @ 9.50%, SFR, Purchase, 12 Mos, 61.80% LTV, Orinda , CA
