1st Trust Deed Opportunity Loan Amount $289,000 Appraised Value $595,000 Loan to Value 48% Protective Equity $306,000

New 1st Trust Deed Opportunity

Loan Amount          $289,000       
Appraised Value     $595,000    
Loan to Value          48%
Protective Equity    $306,000      
Property Type          2 Residential Apartments + 1 Retail Funeral
Occupancy                 Non-Owner Invest
Investor Yield          10.0% 
Loan Term               2Year(40 due 2)
*New Appraisal Completed 7/29/24, 6 Month Pre-Pay Included
DETAILS:
NEW REFINANCE LARGE RETAIL FUNERAL HOME COMMERCIAL BUILDING PRIME CORNER PARCEL WITH 2 LARGE RESIDENTIAL APARTMENT UNITS WELL REVIEWED LOCATION RENTED FOR $4,925 PER MONTH + REVENUE FROM THE POPULAR FUNERAL HOME - LOW 48% LOAN TO VALUE- CHICAGO , ILLINOIS   - POPULAR CITY METROPOLITAN AREA.  Borrower is Successful Small Business Owner for the last 18 years. The family owns 2 Businesses and another commercial property and 2 homes throughout the State. RARE 10.00% YIELD on LOW 48% LOAN TO VALUE WITH HUGE REVENUE



$289,000 whole note- scheduled mo. income $3,000
Fund directly into the insuring title company with 125% ALTA policy. 
Your vesting on Note and Deed of Trust.


 Buying or Selling a Mortgage Note has never been easier. View a full range of local high yield Real Estate notes: Residential, Commercial, Apartments, 1st & 2nd Notes. All Mortgage Notes are Secured with 125% Title Insurance.

Deedsliens@gmail.com



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