Long-time business owner was seeking a business purpose cash-out 2nd TD on this owner-occupied San Juan Capistrano SFR to invest back into his real estate finance business.
The subject property is a beautiful two-story Colonial style 3 BR/4.5 BA SFR located on a cul de sac street in San Juan Capistrano in Orange County. The home measures 3,807 sf of gross living area with a 3-car attached garage and is situated on a 7,009 sqft lot. The subject property is very close to the 5 freeway, shopping, restaurants, recreation and medical facilities. The 1st TD is held by Iberia Bank at 5.0%.
Recent Transaction – $150,000 Business Purpose, San Juan Cap, CA
