Successful real estate professionals and borrowers sought a cash-out 1st TD on this non-owner occupied property in Downey, CA. Loan proceeds will be used to purchase a new home in Tennessee.
The subject property is a single-story, ranch style SFR sitting on a 5,815 sqft lot in a well established neighborhood in Downey, CA. The home is 1,685 sqft with 7 total rooms including 3 bedrooms, 2 bathrooms and an attached 2-car garage. The property is conveniently located near both the 605 & 5 freeways as well as parks, shopping, schools, restaurants and medical facilities.
What we like about this Trust Deed opportunity:
- Non-Owner Occupied Investment Property
- Excellent credit borrowers
- Nice Los Angeles County location
- 6 months Guaranteed Interest