Rental Property Purchase Loan Funded – Los Angeles

Los Angeles, CA

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Property / Loan Information
Property Type Quadruplex
Lien Position 1st TD
Loan Amount $357,524
Purchase Price $510,749
Occup Non-Owner Occ.
Interest Rate 10.75%
LTV on Purch. Price 70.00%
Loan Type Rental Purchase
Amortization 30 Year amort/due in 12 months
Guaranteed Interest 3 months