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Note – 4 SFRs, 1 duplex and 1 triplex in Burbank, CA

Category: Notes

Please let me know if you are interested in this Note:
1 Note on 6 properties in Burbank, CA.
The addresses of the 6 properties are in the attachments.
UPB: $2.3 million.
Loan maturity: 7-15-2009
NOD: 4-21-2010
Trustee Sale: Early- to Mid-September (we are publishing this week)
Interest Rate: 6.50%, I/O
Per Diem: $415.28
Interest from 5-1-2009 to 8-10-2010 = $193,519.44
The properties are leased.  We do not have any lease information on the tenants.
LOIs with short due diligence will receive priority.
PLEASE DO NOT DISTURB THE TENANTS.

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