Federal Home Loans Corporation is offering a 1^st Trust Deed investment opportunity in Kern County (Caliente, CA).  Our borrower has owned this property since 2005, and owns it free and clear.  Currently the property is leased as grazing land for $1800 per mo. Recently appraised at $1,000,000, you can own the first trust deed on this gorgeous property for $350,000 with a 30-month term. This is a new loan ready to fund. Expected returns on this trust deed opportunity are 11% if we service the loan, or 12.5% return if you service the loan yourself.

Click here to view additional information about this 1st trust deed, including additional pictures of the property and the current appraisal. You can also visit our website to view other trust deed investment opportunities.