Deal Status

Active

Property Address

103 Monroe

Taft, California

93268

Requested Loan Amount

126000

Loan to Value

60

Loan Term

60

Lien Position

1st

Collateral Type

Residential Property

Exit Strategy

Other

Property Type

Triplex

Number of Bedrooms

6

Number of Bathrooms

3

Property Occupied

No

Loan Type

Refinance

Property Sq. Footage

2107

Current Market Value

210000

Equity Cash Out

Yes

Equity Cash Out Purpose

Business Working Capital

Equity Cash Out Details

PAY OFF ANOTHER LOAN DUE JULY 2020. THIS IS A FREE & CLEAR, LONG-TERM HOLD. PERFECT CASH-COW. LOTS OF MILK.

Appraisal

No

APN Parcel ID

19923306005

Lot Size

7000

Property Photos

Will additional properties be collateralized?

No

Borrower Entity

LLC

Borrower Credit Rating

Excellent

Exit Strategy Details

pay off loan in 5 years

Comments

Experienced and loyal borrower with excellent 800+ credit seeks to pay off a different loan due JULY 2020. This is a free & clear triplex. Long-term tenants. We hope to keep this property a long time, but will pay off this loan when due. Borrow has multiple properties in this town. Please call to discuss all options. Val 949.275.5150

First Name

Valerie

Last Name

Clark

Company

OLD MORON, LLC

Role

Borrower

Location

SILVERADO
California
USA