Real Estate Investor was looking for a cash-out 1st TD on this investment property to make improvements and repairs to the same home.
The subject property is a 1-story bungalow style property consisting of 976 s.f. on a 7,750 s.f. lot in Anaheim. Subject property has 5 total rooms with 2 BR and 1 BA. Property is in fair condition with some repairs needed: drywall, flooring, electrical. Subject property is located near the I-5 as well as schools, shopping centers, parks and other commercial attractions.
Recent Transaction – $220,000 Business Purpose Cash Out, Anaheim, CA, 92805