Hard Money Loan Closed in Pinon Hills, California

A hard money ‘Fix & Flip’ loan recently closed on a manufactured SFR dwelling in Pinon Hills, CA 92372.  The loan provided funds to acquire and rehab a manufactured single-family residence located in Piñon Hills, a tri-community that consists of Piñon Hills, Phelan and Wrightwood. The property, bank owned and sat vacant for five years, is a total fixer-upper, will be renovated and marketed for resale.

Here are the loan details:

• Manufactured SFR-DETACHED
• Purchase – REO
• Purpose – Acquisition/Fix & Flip
• Loan-to-Value – 55% “ARV”
• First Trust Deed
• 60 Month Term
• Principal & Interest Payments
• Pinon Hills, CALIFORNIA
• PRINCIPAL AMOUNT: $126,000.00

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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