Escrow closed 3/27/17, Filed Bankruptcy on 11/8/17, Foreclosed on 1/17/18.
Oakland, 44th Street, CA 94609
Appraised Value: $725,000
New 1st Trust Deed: $499,000
Protective Equity: $226,000
Loan to Value: 68%
Term 2 Years with a 6 Month Prepay
You Net: 10%
Borrower Credit Score: 638
Rental Income: $4,100 per Month
Borrower is a Small Business Owner for the last 22 years. The family owns another duplex rental home and 2 residential rental homes in the local area.
New 1st Trust Deed: $499,000
Protective Equity: $226,000
Loan to Value: 68%
Term 2 Years with a 6 Month Prepay
You Net: 10%
Borrower Credit Score: 638
Rental Income: $4,100 per Month
Borrower is a Small Business Owner for the last 22 years. The family owns another duplex rental home and 2 residential rental homes in the local area.