The Norris Group Trust Deeds Blog

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Posts Tagged ‘Kern County’

Trust Deed Investment Closed on Panorama Lane in Rosamond, California

Thursday, June 27th, 2019

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

Loan: $105,000
ARV: $185,000
Purchase Price: $140,000
LTV: 75% of purchase price
Term of loan: 1 year
Details: home built in 2005, 5 bedroom, 3 bath

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