Previous successful MVI borrower, business owner and real estate investor is seeking a cash-out 2nd TD of this Non-owner occupied SFR in Orange County. Proceeds from this loan will be invested to purchase an investment property.
Our subject property is a beautiful single-story SFR located in Placentia and sits on a 7,280 sqft lot. The subject was built in 1965 and has 3,421 sqft of living space with 10 total rooms – 4 bedrooms, 3 baths and 2-car attached garage. The home has been extensively upgraded with a very nice kitchen that overlooks the large family room. The bathrooms have all been remodeled. is located east of the 57 fwy, close to schools, restaurants, shopping, and recreation.
What we like about this Trust Deed opportunity:
- Previous successful MVI borrower
- Orange County location
- $4k/month rental income
- 5 months Guaranteed Interest
- CLTV: 62.79%
$400,000 2nd TD @ 9.75%, 55.72% CLTV, Cash-Out, SFR,124Mos Term, $50,000 Min Inv., Placentia, CA
