$2,981,250 Single-Family Rental Purchase Loan

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September 7, 2022

SANTA BARBARA, CA – This charming single-family rental third-of-an-acre compound boasting five rentable living spaces was perfect for one of our most experienced repeat investors. The subject property had multiple offers above the asking price but, in the end, went to our client because, with our assistance, they could assure the seller a quick close of escrow. Located near Butterfly Beach and the Miramar Hotel, this property is a perfect addition to our client’s income-producing portfolio.

Loan Highlights:

  • 8-Day to Close
  • Experienced Repeat Borrower
  • 75% Loan to Value

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