Investor Line of Credit
Westpark Equity Group is proud to announce it is now offering a Line of Credit for investors and flippers of Real Estate Owned (REO) houses from banks and trustee sales in California.
Instead of tying up cash in one property, investors and flippers can leverage themselves and still take advantage of the hot REO market in California. For example, your $400,000 cash could give you a $1 million line of credit, which could be used to buy, hold, and flip multiple properties, multiple times. Because it is a line of credit, you only pay for the money used.
Call us for details on this unique opportunity.
Product overview
- First Trust Deeds in California
- Credit Lines from $500,000 to $10 million
- Loan amounts up to 60% of the purchase price
- 8.9% interest only
- No prepayment penalty
- Work directly with loan committee for fast closings