Business owner and long time property owner seeking this business purpose loan to refinance existing first on this investment property and to invest in his insurance business.
The subject property is a traditional style 1-story home in Lake Forest. The home has 7 total rooms with 4 BR and 2 BA and is 2,028 SF and sits on 4,560 SF lot. The property is currently being rented for $3,500/month. The property is near shopping, schools and has easy freeway access.
Recent Transaction – $518,000 Business Purpose, Lake Forest, CA 92630