Trust Deed Offerings – Newest

 

LOAN PARTICIPATION EXECUTIVE SUMMARY

 

 

August 01, 2013

Property                             Medina Road, Woodland Hills, CA

Collateral                           6 Bed 7 bath single family rental with Assignment of Rents

Income                               $4,200 per month                             

Square Footage                3,333 sq ft                                 

Loan Amount                   $630,000

Lien Position                     First Position

Term                                   24 months

Closing                                August 2013

Investor Yield                    8%

Value                                  $1,000,000

Loan to Value                   61%

Condition                           Well Maintained, New construction circa 2007

Rental Income                  $2,028 per month

Purpose                              Refinance for better terms

Source of Repayment    Property will be sold within 18 months

Background  Borrower is a private mortgage fund. The property was taken back in  foreclosure and is being rented until the home can be sold at a profit. Company has $1.7MM in assets with annual revenue in excess of $1,000,000.

Loan If you are interested in this investment after analyzing the Deal Sheet, these are the next steps:
1. Please call or email us to signify your interest. Remember, this is an ongoing opportunity and there are new properties available each week. You may also call me (415) 680 3454 to express your interest;

2. Let us know the amount you’re looking to place. ;

3. We will then send you all the supplementary documentation we have on the file. ;

4. Upon confirmation, you will receive all necessary Lender Disclosures to sign along with instructions for wiring your funds directly to escrow.
All investments are on a first come/first served basis. If more investors are interested than we have capacity for, those investors will be placed on a waiting list in case another investor pulls out of the loan.