Investors Earn 12% $400,000.00 1st TD Commercial Loan for 3 Years

[Request Funding]

Commercial Property Mixed Use 8 Units with plenty of parking. Two offices on the 1st floor – Six residential units on the 2nd floor. 

Borrower has excellent credit.

I sell to principals only.

Type of Loan:                               1st Trust Deed

Property Type:                              Commercial/NOO

Square Footage;                           7,615 Sq. Ft..

Appraised Value;                          $800,000.00

Leverage:                                      50%CLTV

Proposed Loan Amount:               $400,000.00

Interest Rate                                  12.00%

Term:                                             36 months

Prepayment Penalty:                     6 months

Rental Income;                              $8,700.00