Business owner sought a cash-out 2nd TD of this owner occupied SFR in Orange County. Proceeds from this loan will be invested back into the borrower’s financial advisory business (https://www.thurmondfinancial.com/).
Our subject property is a beautiful two-story SFR located in a gate community in Mission Viejo and sits on a 6,000 sqft lot. The subject was built in 1996 and has 3,281 sqft of living space with 9 total rooms – 4 bedrooms, 3.5 baths and 3-car attached garage. The community includes: clubhouse, pool, spa, tennis courts, exercise room, and playground. The home is located near the 241 Toll Road and north of the 5 fwy, Lake Mission Viejo, schools, restaurants, shopping, recreation and medical facilities.
What we like about this Trust Deed opportunity:
- Business Owner
- Orange County location
- 6 months Guaranteed Interest
- CLTV: 39.56%
- Net CLTV: 39.15%
$113,000 1st TD @ 9.50%, 39.56% CLTV, Cash-Out, SFR, $56,500 Min Invest, Mission Viejo