The Norris Group Trust Deeds Blog

Trust Deed Investment News and Information

Trust Deed Investment Closed on Pershing Avenue in San Bernardino, California

A hard money loan recently closed on a home in San Bernardino, CA. The trust deed investment is at 6.9% and here are the details:

Loan amount: $150,000
Appraised Value: $244,000
Loan to Value: 61.47%
Term of loan: 3 years
Details: home built in the 1940s, 2 bedroom, 1 bathroom

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