126 Adams Avenue, Huntington Beach, CA 92648, USA


Investment Summary

Investment Overview

Estimated Hold Time 10-12 Months
Investment Availability

Closed to Lenders

Youtube Link

Loan Details

Lien Position 1st Trust Deed
Loan Amount $521,600
Net Interest Rate 9.50%
Term I/O due in 1 year
Type of Transaction Residential
Type of Loan Fix & Flip
Transaction Type Purchase
Occupancy Investment Property

Purchase Information

Purchase Price $652,000
As-is Value $725,000
ARV $980,000
Rehab Needed $150,000
LTV (PP) 80.00%
LTV (As is) 71.94%
LTV (ARV) 53.22%

Junior/Senior Financing

Junior/Senior Financing Yes
Type of Junior/Senior Financing Junior
Junior/Senior Lien Position 2nd Trust Deed
Junior/Senior Loan Amount $65,200

Borrower Information

Credit Score
Foreclosure No
Bankruptcy No
Closed Flips YTD
Closed Flips Lifetime
Investment Properties Owned

Property Information

Property Type SFR
Number of Units 1
Bedrooms / Bathrooms 3/1
Building Sq. Ft. 1,018

Automated Values

Zillow
Trulia
Redfin
Bank of America

Property Attributes

On a Busy Street

No

Near Train Tracks

No

Near Freeway

No

Suburban or Rural

Suburban

BSF

Interest Rate 12.00%
Broker Service Fee 2.5 %
Net Rate 9.50%

Location Details


Investment Overview

Loan Amount $521,600
Net Interest Rate 9.50%
Lien Position 1st Trust Deed
Term I/O due in 1 year
Purchase Price $652,000
As-is Value $725,000
LTV (As Is) 71.94%
Type of Loan Fix & Flip
Transaction Type Purchase
Occupancy Investment Property

Documents

Appraisal
BPO (Click to Download)
Appraisal Review
MLS Listing - Before (Click to Download)
MLS Listing - After (Click to Download)
Comps
Have a Question ?

If you have a question about the transaction process general inquiry, Premier Money Source will be happy to help.