Located near Piedmont, CA, borrower acquired a great 2 story,  quadruplex apartment building, including 2 storage units on a lot size of over 6,000 square feet. Borrower purchased as investment property. Loan amount is $850,000 and loan to cost is 65%. 1st Deed of Trust on a 1 year loan.

 

Loan Amount: $850,000

Loan Term: 12 Months

LTC: 65%

Loan Position: 1st Deed of Trust