Baldwin Village, California Funded Private Equity Loan

Property Type: Single Family Residence

Lien Position: 1st Trust Deed

Loan Amount: $192,000.00

Appraised Value: $415,000.00

LTV: 46%

Loan Rate: 12%

Loan Type: Investment Purpose

Occupancy: Non-Owner Occupancy

Term: “12” Months Interest Only

Blue and White Single Family house located in Baldwin Village, California where our company funded 1st $192,000.00 Trust Deed

Baldwin Village, California Our Borrower contacted our company in January 2016 to finance the purchase of a Probate property where he had negotiated a great price from the Beneficiaries but needed to close in a very short time period.  Since there was so much equity in the Subject Property being purchased our Borrower only had to put down 10% of the purchase price, our Investor funded everything else.