1506 South Pine Drive, Fullerton, CA 92833, USA


Investment Summary

Investment Overview

Estimated Hold Time 6-9 Months
Investment Availability

Closed to Lenders

Youtube Link

Loan Details

Lien Position 1st Trust Deed
Loan Amount $344,000
Net Interest Rate 8.99%
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 $430,000
As-is Value $485,000
ARV $570,000
Rehab Needed $43,000
LTV (PP) 80.00%
LTV (As is) 70.93%
LTV (ARV) 60.35%

Junior/Senior Financing

Junior/Senior Financing Yes
Type of Junior/Senior Financing Junior
Junior/Senior Lien Position 2nd Trust Deed
Junior/Senior Loan Amount $43,000

Borrower Information

Credit Score
Foreclosure
Bankruptcy
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. 1,344

Automated Values

Zillow $502,418
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 10.99%
Broker Service Fee 2 %
Net Rate 8.99%

Location Details


Investment Overview

Loan Amount $344,000
Net Interest Rate 8.99%
Lien Position 1st Trust Deed
Term I/O due in 1 year
Purchase Price $430,000
As-is Value $485,000
LTV (As Is) 70.93%
Type of Loan Fix & Flip
Transaction Type Purchase
Occupancy Investment Property

Documents

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

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