A hard money ‘Second’ loan recently closed on an SFR in Los Alamitos, CA 90720.
The loan provided Rehab funds to a seasoned real estate investor/flipper for a pending property flip of an SFR in probate. On March 1, 1960, the township of Los Alamitos became a chartered city. Los Alamitos means the Little Cottonwoods or Poplars in Spanish, after the native Fremont Cottonwood trees there. The city of Little Cottonwoods was affectionately described as A Jewel of a City.
Here are the loan details:
- SFR – Detached
- Purpose – Rehab Funds
- Loan-to-Value (Combined) – 33%
- Second Trust Deed
- 60 Month Term
- Principal & Interest Payments
- Orange County, CALIFORNIA
- PRINCIPAL AMOUNT: $125,000.00
For more information on our Hard Money Loans or Trust Deed Investments, call our office at 714.838.1474 ext. 102 or visit our: