10942 - Chelan, WA
Beautiful Lake Chelan Property
6 Months Prepaid Principle & Interest Payments Held Back
High Net Worth Borrowers
Non – Owner Occupied Condo on the shore of Lake Chelan. Subject property recently
Appraised for $500,000. Loan has six months of pre-paid principal and interest payments. The loan has been personally guaranteed by 5 individuals who all have credit scores of 600 and above - most are above 700. The property has been in the familly for years. It started as a motel and was converted into condo's using the borrower's own money. LTV of 60%. Loan amount is $300,000 with a minimum investment of $30,000.
Call 509.928.6545 for details
MORTGAGE PAPER SECURITIES ARE NOT RATED OR INSURED AGAINST LOSS AND MAY BE SUBJECT TO SUBSTANTIAL RISKS THAT ARE FURTHER DESCRIBED IN THE GENERAL AND SPECIFIC OFFERING CIRCULARS. PAST PERFORMANCE IS NOT A GUARANTEE OF FUTURE RESULTS. INVESTORS ARE URGED TO READ THE GENERAL AND SPECIFIC OFFERING CIRCULARS PRIOR TO INVESTING.
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