Previous successful Mortgage Vintage borrowers and real estate investors were seeking a business purpose cash-out 1st TD on this non-owner occupied SFR in Fullerton in Orange County. Funds from the loan were used to help purchase another investment property.
The subject is a ranch style home with 6 rooms and 3 BR/2 BA. The home is 1,900 sqft and sits on a large 7,236 sqft corner lot. The subject features a dining room, family room, living room. Property is centrally located near schools, shopping, restaurants, recreation and medical facilities. The 91 & 5 freeways are just a few minutes drive away. Rental income is currently $2,600/month.
Recent Transaction $300,000 2nd, Business Purpose, Westminster, 92683