A hard money loan recently closed on a home in Hesperia, CA. The trust deed investment is at 9% and here are the details:
Loan amount: $69,000
Appraised Value: $116,000
Loan to Value: 59.483%
Monthly Payment to Trust Deed Investor: $517.50
Term of loan: 8 years
Details: home built in the 1970’s, 3 bedroom, 2 bath
For more information on our trust deed investments, call our office at 951-780-5856 and request our free information kit or visit our:
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Tags: 9%, california, equity fund, hard money, Hesperia, ira, ltv, passive, private money, private mony replacement, real estate, retirement, single family home, trust deed, trust deed investing, trust deed investment
