Rodeo Lending Closes a $6,337,500 Business Purpose Single Family Refinance in Carpinteria, California.

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September 17, 2019

The subject property, an oceanfront estate, is located in the highly sought after and exclusive Carpinteria community. With 250 feet of beachfront, this beautifully appointed, 2 story investment property is situated on 2.31 acres consisting of 3 parcels. Located in a gated community with Ocean views from each room in the house, you can step off of the porch right onto the sand. A short drive to Montecito and Santa Barbara, the property is perfectly located close to amenities but secluded enough to feel like a retreat. Rodeo paid off the owners existing mortgage, giving the client some cash out for an investment opportunity in additional business ventures.

HIGHLIGHTS:

  • 65% Loan to Value
  • 10 Day Close
  • Experienced Investor

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