10.99% New Trust Deed-Fontana

This pays 10.99% and 1/2 point. It’s a fix and flip on a 1 year deal and is for $164,780. Borrower already put in new windows and new floors before the close!

4br, 2 bath, 1866 Sq ft with 2 car garage and pool on a 10,000 sq ft lot.

The shortsale purchase price is $235,440. Trulia has it at $274,000 and they don’t know about the new windows and flooring.

I was told by a realtor the house across the street is the same model with no pool and in escrow for over $310,000. Ours has a pool.

Here is the video

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