Real estate investor and experienced Fix and Flipper was seeking a business purpose purchase loan to acquire this investment property in Corona. Borrower plans to rehab the property and then sell.
Our subject property is a single-story bungalow style single family residence built in 1940. The home is 600 SF with 4 rooms and 2 BR/1 BA and sits on a large 5,663 sqft lot. Subject property is conveniently located near the 91 FWY and I-15. Schools, shopping, restaurants, parks, recreation, and, medical facilities are all within a short distance of the property.
Recent Transaction – $157,500 Business Purpose Purchase Fix and Flip, Corona, CA 92882