7829 Friends Ave, Whittier, CA 90602, 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 $285,000
Net Interest Rate 9.00%
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 $335,000
As-is Value $405,000
ARV $460,000
Rehab Needed $35,000
LTV (PP) 85.07%
LTV (As is) 70.37%
LTV (ARV) 61.96%

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 No
Closed Flips YTD
Closed Flips Lifetime
Investment Properties Owned

Property Information

Property Type SFR
Number of Units 1
Bedrooms / Bathrooms 2/1
Building Sq. Ft. 844

Automated Values

Zillow $407,982
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 10.00%
Broker Service Fee 1 %
Net Rate 9.00%

Location Details


Investment Overview

Loan Amount $285,000
Net Interest Rate 9.00%
Lien Position 1st Trust Deed
Term I/O due in 1 year
Purchase Price $335,000
As-is Value $405,000
LTV (As Is) 70.37%
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
Comps
Have a Question ?

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