Real estate investor and full time wage earner was seeking a cash-out 1st TD on this non-owner occupied property in Hemet, CA. Loan proceeds will be used to make upgrades and repairs to the subject property.
The subject property is a single-story, ranch style SFR sitting on a 4,791 sqft lot in Hemet in Riverside County. The home is 1,014 sqft with 3 rooms and 2 bedrooms and 1 bath and a 2-car attached garage. The property is conveniently located near both 74 & 79 HWY as well as parks, shopping, schools, restaurants and medical facilities. Subject property rents for $1,180 monthly.
Recent Transaction – $100,750.00 Business Purpose Cash-Out Refi, Hemet, CA
