Venice SFR Rental for Foreign National

 In RECENT TRANSACTIONS

venice 2

Lone Oak Fund financed the acquisition of a 2,000 square foot rental home in trendy Venice, California. The buyer, a French foreign national, needed a lender to finance 60% of the purchase price. The  12 month-loan of $1,260,000 is priced at 7.90% interest only and 1.50 points.

 

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