Buy, Renovate and Rent
4 Bedrooms / 4.5 Bathrooms; 3,231 Sq. Ft.
The property is a newer duplex located in a nice neighborhood of El Cerrito.
The borrower purchased the house as a foreclosure and plans on investing $75,000 into remodeling.
It is currently rented for $5,000 a month. Once renovations are complete, the borrower will be refinancing our loan.