Trust Deeds Opportunities
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Appraisal Newport Beach ( click on appraisal )
NEW 2nd TRUST DEED OPPORTUNITY
NEW REFINANCE NEWER LARGE SINGLE FAMILY RENTAL HOME NEWER BUILT 2000
PRESTIGIOUS ONE FRONT DRIVE LUXURY GATED GOLF COMMUNITY WOW
61% C- LOAN TO VALUE, NEWPORT BEACH, CA
BORROWER STRONG 655 MID FICO SCORE CURRENT 1st is $1,219,000 at 3.8%
BUSINESS PURPOSE LOAN RATE & TERM REFINANCE NOTE HAS COME DUE PRIME ORANGE COUNTY UPSCALE LOCATION
Borrower is a Successful Small Business Owner for the last 25 years.
The also owns a rental home and a commercial parcel in local County.
STRONG 13.0% on 61% Combined Loan to Value Loan Amount         $849,000     Â
Appraised Value    $3,350,000 Loan to Value      61%
Protective Equity   $1,282,000 Â
Property Type       Single FamilyÂ
Occupancy            Non-OwnerÂ
Investor Yield         13.00%Â
Loan Term              2Year(40 due 2)
*Appraisal Complete 10/14/17,
*6 Months pre-payment penalty included
*Current 1st Trust Deed $1,219,000 Chase 3.8% 30 year fixed
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Appraisal 19677[2] Â (click here)
NEW 1st TRUST DEED OPPORTUNITY TIMES & PIRATES DINNER ADVENTURE #1 LOCATION 26% LOAN TO VALUE AS-IS – BUENA PARK, CA Loan Amount $3,997,000 Appraised Value $15,200,000 Appraised Complete $35,000,000 Loan to Value Protective Equity Property Type Occupancy Investor Yield Loan Term 26% $11,203,000 Commercial Non-Owner Invest 12.0% 2Year(40 due 2) *Appraisal Complete 2/13/17 & Re-cert 11/12/18 *Strong Area Orange County World Famous Block Details: Our borrower is requesting a new loan for this large rental property in a great location of Buena Park, California. The property appraised on for $15,200,000 as-is and $35,000,000 as Based on the City of Buena Park Development Agreement No. DA16-005, dated December 27, 2016, the proposed project is an approximately 57,300 SF building, comprising a ±53,000 SF butterfly and nature habitat entertainment/educational facility, and an approximately ±4,300 SF full service restaurant with outdoor dining/patio area, on an 8.74-acre, mostly square lot. The ±53,000 SF butterfly and nature habitat entertainment/educational facility will include a movie theatre, greenhouse with chrysalis lab, horticulture area and viewing room, retail store, party rooms with catering kitchen, aquarium, and administrative/storage areas, per the Development Agreement, the completion date for construction is estimated to be July 16, 2018  ____________________________________________________
Details:
Our borrower is requesting a NEW refinance loan this rental property in a great location of Valley Village, California. This is a sought after city in San Fernando valley. The property appraised for $825,000. Our borrower lives locally and is a Successful Small Business Owner for the past 23 years. Her family owns a mid size manufacturing business and another rental home. The property is rented for $3,950 per month. The borrower is using the funds to payoff a note
that has come due. Our borrower plans on selling this property within the next 17-19 months.
Low 67% Loan to Value on Luxury Single Family Rental Home in High End NeighborhoodÂ
Rented for $3,950 per Month Strong Borrower Business Owner 23+ Years Top Location Â
Loan Amount         $555,000     Â
Appraised Value    $825,000  Loan to Value         67%
Protective Equity   $270,000     Â
Property Type        Single Family
Occupancy             Non-Owner
Investor Yield         11.0%Â
Loan Term              2Year(40 due 2)
*Appraisal Complete 5/23/17
*6 Months pre-payment penalty included
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REFINANCE LARGE NEWER MULTI-FAMILY + RETAIL BUILDING + LARGE 25 CAR PARKING
#1 TOP HIGH END RETAIL BLOCKS IN AREA
JUST SOLD 2/2017 for $2,750,000 + Remodeled After for Additional $80,000 out of pocket
3 MEDICAL OFFICES + 3 RESIDENTIAL
FULLY RENTED FOR $16,627 PER MONTH
HUGE 7,005 sqft. RENT-ABLE 12,600 sqft. LOT
LOCATION, LOCATION, LOCATIONÂ
*Amazing Santa Barbara Luxury Location
