Current Trust Deeds Available for Investment
Single Family Residence in Alexandria, Virginia
This $337,000 loan is secured in part by a lovely 2,800 sq.ft. single family property located in the City of Alexandria that is currently valued at over $700,000. The added bonus for this loan is that it is cross collateralized with a mixed-use property in Washington, DC that has a current value of around $150,000. Together these two properties provide approximately $850,000 in collateral and an LTV under 40%.
Condo in High Rise Condominium in Rockville, Maryland
This $140,000 loan is primarily secured by a 1,484 sq.ft. condo in a high rise condominium, located right off 495 & 270 in Montgomery County. It’s value comes in at about $352,000. In addition to the condo, this loan is cross collateralized with a retail building rented to a barbershop in Prince George’s County, Maryland. The retail building is currently assessed with a tax value of $164,800. This brings the total value of securing collateral above $500,000 with an LTV around 28%,
Right half of a duplex in Fredericksburg, Virginia
This half duplex is a great rental property located in the heart of the City of Fredericksburg and within walking distance of a college campus. The property has 1120 sq.ft. and two fulls baths making the property an ideal rental for college students or young professionals.