6639 San Juan Street, Paramount, CA 90723, USA


Investment Summary

Investment Overview

Dear Trust Deed Investors,

Premier Money Source, Inc. is pleased to present the following Trust Deed Opportunity for your consideration.  This purchase first trust deed is a Buy & Hold.  Property is located in Paramount and we plan on closing it on 8.13.2020.  The borrower is planning to rent out the property.  The borrower’s exit plan is to refinance the property within the next year.  Fractional investments will be considered with a minimum investment of $75,000

If you have interest in this investment opportunity, please contact Duane Wellhoefer at 949.246.1992 or email Duane@premiermoneysource.com.

Thank you in advance for your consideration.

Estimated Hold Time 10-12 Months
Investment Availability

Closed to Lenders

Youtube Link

Loan Details

Lien Position 1st Trust Deed
Loan Amount $437,000
Net Interest Rate 8.25%
Term I/O due in 1 year
Type of Transaction Residential
Type of Loan Rental
Transaction Type Purchase
Occupancy Investment Property

Purchase Information

Purchase Price $625,000
As-is Value $625,000
ARV $695,000
Rehab Needed $25,000
LTV (PP) 69.92%
LTV (As is) 69.92%
LTV (ARV) 62.88%

Junior/Senior Financing

Junior/Senior Financing No
Type of Junior/Senior Financing
Junior/Senior Lien Position
Junior/Senior Loan Amount

Borrower Information

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

Property Information

Property Type SFR
Number of Units 1
Bedrooms / Bathrooms 3/2
Building Sq. Ft. 1,836

Automated Values

Zillow $624,905
Trulia
Redfin $613,911
Bank of America

Property Attributes

On a Busy Street

No

Near Train Tracks

No

Near Freeway

No

Suburban or Rural

Suburban

BSF

Interest Rate 9.50%
Broker Service Fee 1.25 %
Net Rate 8.25%

Location Details


Investment Overview

Loan Amount $437,000
Net Interest Rate 8.25%
Lien Position 1st Trust Deed
Term I/O due in 1 year
Purchase Price $625,000
As-is Value $625,000
LTV (As Is) 69.92%
Type of Loan Rental
Transaction Type Purchase
Occupancy Investment Property

Documents

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

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