Real Estate Investor and Rehabber was looking for a business purpose cash-out to payoff current maturing 1st TD.
Subject Property is a Single Family Manufactured Home built in 1998 with 3 bedrooms, 2 full baths and 1,512 square feet of living space. Manufactured Home has permanent foundation permit (Form 433A) and is sitting on a large .44 acres. Property is located between rural and suburban area, close to grocery stores and parks. Property is currently rented for $1,600/mo.
Recent Transaction – $130,000 Business purpose., Perris, CA 92570