Real estate investor, business owner and 791 credit score borrower was seeking a business purpose purchase loan to acquire this newly renovated single family residence in Fontana, CA.
Our subject property is a newly rehabbed single-story single family residence. The home is 1,138 SF and features 5 rooms with 3 BR and 2 BA and sits on a large 30,000 sqft lot. The renovated property features a fireplace, granite counter tops, new sinks, tile flooring, plush carpet and ceiling fans in the bedrooms. Subject property is conveniently located near the I-10 and 1-15. Schools, shopping, restaurants, parks, recreation, and, medical facilities are all within a short distance of the property. Expected monthly rent is $2,000/month.
Recent Transaction – $281,250 Business Purpose Purchase, Fontana, CA
