Business owner and 707 and 770 credit score borrower is seeking a cash-out business purpose 2nd TD to invest into his medical practice located in Los Angeles and associated with Cedars.
The subject property is a 3,774 sf single-family residence, built in 1991 and located in West Los Angeles, CA. The subject property has 5 bedroom and 4 bathrooms and sits on a 6,749 sf lot. The property is near the 405 and 10 fwys and is close to shopping, schools and transportation, It is also within a short drive to beach communities as well as UCLA with all their shopping and entertainment venues.
What we like about this Trust Deed opportunity:
- Los Angeles County location
- 6 months Guaranteed Interest
- CLTV: 30.86%
- Net CLTV: 30.65%
- Strong Credit Score
$250,000 2nd TD @ 9.00%, 30.86% CLTV, CO, $50,000 Min. Inv., Los Angeles, CA