Escrow closed 2/11/2021.
San Francisco, Geary, CA 94118
New 2nd Trust Deed Mixed 3-unit Upscale San Francisco district
Ground level retail business with 2 large offices
Appraised Value: $2,500,000
1st lien: $1,000,000
New 2nd Trust Deed: $300,000
Protective Equity: $1,200,000
Combined Loan to Value: 52%
You NET: 10.0%
Term 2 Years with a 6 Month Pre Pay
Borrower Credit: 740
2-unit Apartments Rented For $10,200 per Month.
She is a small business owner for the last 50 years.
She ran a successful wedding dress business and needs the fund to renovate the retail unit and rent it to an education entity for $9,500/month.
Ground level retail business with 2 large offices
Appraised Value: $2,500,000
1st lien: $1,000,000
New 2nd Trust Deed: $300,000
Protective Equity: $1,200,000
Combined Loan to Value: 52%
You NET: 10.0%
Term 2 Years with a 6 Month Pre Pay
Borrower Credit: 740
2-unit Apartments Rented For $10,200 per Month.
She is a small business owner for the last 50 years.
She ran a successful wedding dress business and needs the fund to renovate the retail unit and rent it to an education entity for $9,500/month.