Bought a Short Sale in Los Angeles
- Estimated Value: $284,000
- Loan Amount: $139,999
- Position: 1st
- Interest: 9%
Borrower bought a short sale and he needed a fast Los Angeles hard money loan.
Purchase price $281,000 Appraised value $284,000.
( borrower plans to spend approximately $46,000 in order to get it ready to rent.
Loan amount $139,999. Interest rate 9%
Appraiser noted: After the subject property’s has been completely remodeled the approximate estimate opinion of market value range will be $390,000 to $410,000.
Please contact Judy at 800-571-0887 Extension 2 to inquire about Trust Deeds currently in need of funding. Keep in mind, all loans in this section have already been placed with investors. They are listed here to demonstrate the wide range of loans we offer.