Real Estate investor borrower was seeking a Business Purpose Cash-Out Refinance to make improvements to two investment properties and bring property taxes current.
Subject property is a single-story, single family residence located in Lancaster, CA. The Property is a traditional style 3 bdrm/2 bath home with 1,551 sqft of livable space featuring a fireplace and patio. The property is situated near HWY 14, Palmdale Regional Airport and Antelope Valley College. Shopping, restaurants and parks are all located nearby