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Federal Trust Deed | Available Trust Deed Investments - 10 acres w/9000 sq ft Warehouse in Corona, CA
FUNDED!

LOAN:
#6912
SUBJECT PROPERTY: 9095 Road 224, Terra Bella, CA 93270
10 acres with 9000 sq ft warehouse
APPRAISAL PENDING
BROKER OPINION OF VALUE: $250,000.00

LOAN TERMS

Loan Amount: $70,150.00
Position: 1st
Interest: 11%
Term: 36 months
LTV: 28%

There is a late charge of 10% of the payment (after 10 days).
There is no prepayment penalty on this loan.
This loan contains a balloon payment.

SPECIFICS: Mr. Pineda purchased this property in 2002, and it is owned free and clear.  The warehouse is currently being rented for storage at $1500 per month.  Mr. Pineda has been working for the same company for 28 years as a wholesale produce distributor.
FUNDED
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