Hard Money Loan Closed in Clearlake, California

A hard money ‘Fix & Hold’ loan recently closed on a manufactured investment property in Clearlake, CA 95422.  The loan provided funds to acquire and rehab a manufactured single-family residence located in Clearlake, a city that surounds a natural freshwater lake in Lake County, the largest and possibly oldest freshwater lake in California. The property, a total fixer-upper, will be renovated and held for rent.

Here are the loan details:

  • Manufactured SFR
  • Purchase – Standard Sale
  • Purpose – Acquisition/Fix & Hold
  • Loan-to-Value – 50% “ARV”
  • First Trust Deed
  • 60 Month Term
  • Principal & Interest Payments
  • Clearlake, CALIFORNIA
  • PRINCIPAL AMOUNT: $55,000.00

For more information on our Hard Money Loans or Trust Deed Investments, call our office at 714.838.1474 or visit our:

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