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NEWLY REMODELED SFR IN PARAMOUNT
Loan Amount: $213,000 | SFR in Paramount, CA 90723 Re: ENCLUG
7353 Lugo Ave. Near I-710 & 105 Interchange
Fair Market Value: $ 355,000
Term: 5YR I/O balloon Secured by: 1st TD Draw Term: N/A
Senior Liens: $0 LTV:60% Prepay Penalty: 1 YEAR
CLTV: 60% Yield to Investor: 12%
Jose Enciso has owned the property since 2010
Purpose of Loan: To pay off business partners.
Source of Repayment: Rental income is $2,100/mo. Borrower remodeled house and is
paying off business partners.
Crawford Park Financial is a Hard Money Lender with over twenty-five years of real estate investment experience. We specialize in helping Borrowers obtain financing and Investors acquire California properties in a simple, straight-forward and honest manner.
The strongest net rent gains in history may occur in the next few years as the increased demand from the 75+ million Echo Boomers and the down sizing of the Baby Boomers along with increased government regulations, fees, and taxes that will increase the cost of developing new apartments and homes. These factors will drive demand for California apartments in the next decades.
Disclosure
Crawford Park Financial is licensed by California Department of Real Estate#006766535NMLS # 290066
Call 310-273-3333
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Let’s start making real money!
9301 Wilshire Blvd., Ste. 506 Beverly Hills, CA 90210 | 310.273.3333 | info@cpf1.com
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