1,792 SQ FT – Purchase Single Family Rental Building

Aquisition

Lonsdale

Purchase

Property Location(s): Red Wing, MN & Mishawaka, IN

Property Combined Value: $159,000

Loan Amount: $35,000

Interest Rate: 13%

Term: 24 Months

Closed In: 3 Weeks

Repeat borrower pledged two free and clear rental properties to complete the acquisition of this third building.