4110 E Colorado St, Long Beach, CA 90814, USA


Investment Summary

Investment Overview

Estimated Hold Time 10-12 Months
Investment Availability

Closed to Lenders

Youtube Link

Loan Details

Lien Position 1st Trust Deed
Loan Amount $550,000
Net Interest Rate 8.25%
Term I/O due in 1 year
Type of Transaction Residential
Type of Loan Fix & Flip
Transaction Type Purchase
Occupancy Investment Property

Purchase Information

Purchase Price $720,000
As-is Value $767,000
ARV $1,100,000
Rehab Needed $150,000
LTV (PP) 76.39%
LTV (As is) 71.71%
LTV (ARV) 50.00%

Property Information

Property Type 2-4 Units
Number of Units 2
Bedrooms / Bathrooms 2/2
Building Sq. Ft. 1,359

Automated Values

Zillow
Trulia
Redfin
Bank of America

Property Attributes

On a Busy Street

No

Near Train Tracks

No

Near Freeway

No

Suburban or Rural

Suburban

BSF

Interest Rate 9.50%
Broker Service Fee 1.25 %
Net Rate 8.25%

Location Details


Investment Overview

Loan Amount $550,000
Net Interest Rate 8.25%
Lien Position 1st Trust Deed
Term I/O due in 1 year
Purchase Price $720,000
As-is Value $767,000
LTV (As Is) 71.71%
Type of Loan Fix & Flip
Transaction Type Purchase
Occupancy Investment Property

Documents

Appraisal
BPO (Click to Download)
Appraisal Review
MLS Listing - Before
MLS Listing - After
Comps
Have a Question ?

If you have a question about the transaction process general inquiry, Premier Money Source will be happy to help.