A hard money loan recently closed on a home in Los Angeles, CA. The trust deed investment is at 12% and here are the details:
Loan amount: $240,000
Appraised Value: $405,000
Loan to Value: 59.259%
Monthly Payment to Trust Deed Investor: $2,400.00
Term of loan: 1 year
Details: home built in the 1920s, 10 bedroom, 4 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: 12%, california, equity fund, hard money, ira, Los Angeles, ltv, passive, private money, private mony replacement, real estate, retirement, single family home, trust deed, trust deed investing, trust deed investment
