Julian, CA – 160 acre ranch refinance, $1,500,000 1st Trust Deed
Cash out Loan proceeds will be used for business operations while the ranch is being sold.
Located in Julian, CA, the subject property is a 160 acre working ranch featuring a 5 bedroom/4 bath 4,000
sq.ft main home, along with 2 guest homes, several outbuildings, baseball field, horse stalls, corrals and barns, airplane runway and hanger, and 300 apple trees.
|APPRAISED VALUE (2008):||$3,250,000|
|LOAN TO LIST VALUE:||35.71%|
|LOAN TO APPRAISED VALUE:||46.15%|
- This loan will be secured in FIRST position on subject Property.
- The loan provides for 6 months minimum interest to the investor.
- There is a late charge of 10% of the payment (after 10 days).
- This loan contains a balloon payment.
For more details on this investment or questions about future opportunities, please give me a call or send me an email. I appreciate your business and look forward to working with you.
Real Estate Loans & Investments
CA BRE 01150452