Deal Details
Private Loan Type
Equity Cash Out
Approx. Funding Date
03/16/2023
Property Type
2-4 Units Residential
Multifamily
Property City
Bell Gardens
Property State
CA
Loan Term (months)
36
Lien Type
1st Trust Deed
Property Value
$1,270,000
Loan-to-Value
56%
Location Type
Urban
Property Condition
Fair
Occupancy at Closing
Partially Occupied
Borrower's Plan
Rehab and Sell
Exit Strategy
Sale
Borrower Credit Rating
Good
Interest Rate
7.85%
Dealmakers
Mike Meisenbach
Loan Agent
CA DRE Lic. 01049908