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Trust Deed Investments | Available Trust Deed Investments - Ranch Property and SFR in Temecula, CA
FUNDED!
LOANS: #7284
SUBJECT PROPERTY: Approx 100-acre Ranch with SFR at 44665 La Cruz Dr, Temecula, CA 92590
APNs 936-100-013, 936-100-015, 936-100-017, 936-100-018, 936-100-019, 936-060-006, 936-060-007, 936-160-009, 936-310-007
APPRAISED VALUE: Pending (view appraisal for SFR)
PURCHASE PRICE: $4,650,000 (cash purchase)
LOAN TERMS
LOAN AMOUNT: $1,100,000.00
POSITION: 1st
INTEREST: 11%
TERM: 12 mos
LTV: 24% of purchase price (appraisals pending)
There is a late charge of 10% of the payment (after 10 days)
This loan has an interest guarantee of 90 days
This loan contains a balloon payment
SPECIFICS: Subject property includes an avocado ranch of close to 100 acres, plus a 2,056 sq ft SFR with magnificent canyon and hill views (the SFR sits on 4.88 acres). This is a 12-month loan at 11% per annum with interest guaranteed for 90 days. Our borrowers will be using the loan proceeds to purchase property in Canada, and will be paying off our loan with corporate funds coming from China. Click here to have the remaining appraisals emailed to you when they become available.
Information Subject to Change
