San Francisco, CA

$1,505,000

Single Family Residence

Purchase

04/16/2015
Transaction by
Security Financial Services
Private money loan for the acquisition of a vacant single family home in San Francico’s Noe Valley neighborhood. The purchase price was $2,150,000. The Borrower put down $645,000 (30%) in cash. He plans to rent to a 3rd party tenant while working to entitle the property into a high-end home with greater square footage, additional beds/baths, a new patio, and luxury furnishings. We were able to close in just 5 business days, in April 2015. The loan term was 1 year.