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Trust Deed Investments | Available Trust Deed Investments - Rental SFR on 1-acre in San Bernardino, CA
FUNDED!
LOANS: #7240
SUBJECT PROPERTY: 2050 Kern St, San Bernardino, CA 92407
SFR with 3-bed/1-bath; 1301 sq ft on 1 acre w/two 2-car detached garages
APN 0267-161-06-0000
APPRAISED VALUE: $123,000.00 (click here to view appraisal)
PURCHASE PRICE: $123,000.00 (short-sale)
LOAN TERMS
LOAN AMOUNT: $86,100.00
POSITION: 1st
INTEREST: 11%
TERM: 36 mos
LTV: 70%
There is a late charge of 10% of the payment (after 10 days)
There is no prepayment penalties on this loan
This loan contains a balloon payment
LOAN AMOUNT: $86,100.00
POSITION: 1st
INTEREST: 11%
TERM: 36 mos
LTV: 70%
There is a late charge of 10% of the payment (after 10 days)
There is no prepayment penalties on this loan
This loan contains a balloon payment
SPECIFICS: Subject property has newer dual-pane windows, roof, and electrical. Our borrowers are purchasing the home as an investment/rental property, and will be marketing it for rent at $1350 per mo. They are putting 30% down and paying all closing costs.
Information Subject to Change
