This person borrowed our money for 2 months and paid off the loan on 1/8/16 with 6-month interest.
What a deal!
Oakland, W MacArthur, CA 94609
* Large Rental Home
* SUPER Low 46% Loan to Value
* Great Rental Income * Strong Borrower
Appraised Value: $900,000
New 1st Trust Deed: $420,000
Protective Equity: $480,000
Loan to Value: 46% Ltv
You net: 9.0%
Term 2 Years with 6 month pre-pay
To Be Rented For $3,975 per month
Borrower Credit: 635
Borrower lives waterfront in Clearlake and is a small business owner for the last 12 years.
The borrowers family also owns another 3 rental homes in the local market Including next door.
* SUPER Low 46% Loan to Value
* Great Rental Income * Strong Borrower
Appraised Value: $900,000
New 1st Trust Deed: $420,000
Protective Equity: $480,000
Loan to Value: 46% Ltv
You net: 9.0%
Term 2 Years with 6 month pre-pay
To Be Rented For $3,975 per month
Borrower Credit: 635
Borrower lives waterfront in Clearlake and is a small business owner for the last 12 years.
The borrowers family also owns another 3 rental homes in the local market Including next door.