The Norris Group Trust Deeds Blog

Trust Deed Investment News and Information

Trust Deed Investment Closed on Overland Street in Riverside, California

A hard money loan recently closed on a home in Riverside, CA. The trust deed investment is at 8.9% and here are the details:

Loan amount: $199,000
Appraised Value: $265,000
Loan to Value: 75.1% of purchase price
Term of loan: 1 year
Details: home built in the 1950s, 4 bedroom, 1.75 bathroom

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