The Norris Group Trust Deeds Blog

Trust Deed Investment News and Information

Trust Deed Investment Closed in Los Angeles, California

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: $470,000
Appraised Value: $835,000
Loan to Value: 56.287%
Monthly Payment to Trust Deed Investor: $4,700
Term of loan: 1 year
Details: home built in the 1950s, 4 bedroom, 3 bath

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