Staff Menu (IO ID#: 41061):
Completed Debt
4140 Redding St.
Oakland, CA
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100% funded
Offered By Borrower for 4140 Redding St.
%* TARGET IRR 10.0%-%
Estimated Hold Period 12 months
Estimated First Distribution
*Please carefully review the Disclaimers section below, including regarding Sponsor’s assumptions and target returns
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Project Summary
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Borrower for 4140 Redding St.

The Borrower has a credit score over 715 and has completed 30+ rehab projects in the past. 

Track Record

Business Plan

At A Glance

Property Type: Residential, Single-Family
Investment Type: Loan Purchase
Estimated Return: 10.0% annualized
Loan Term: 12 months
Location: Oakland, CA
Purchase Price: $385,000
Rehab Budget (1): $59,500
Total Project Cost: $444,500
Loan Amount: $400,000
Borrower Cash Equity: $38,500
Est. After Repair Value (ARV): $620,000
Loan-to-ARV %: 64.5%

(1) Rehab budgets are part of the loan amount but distributed incrementally to borrower as repairs are confirmed via receipts, permits, and/or inspection(s).


The borrower ​is obtaining a loan for the purpose of acquisition and rehab. The borrower​ plans to perform $59,500 in renovations on the property and list it for sale as quickly as possible. The rehab budget involves repairs, including but not limited to painting, electrical, flooring, windows, doors and landscaping. Realty Mogul Co. will disburse rehab funds based upon completion and inspection of improvements.

There is a three (3) month prepayment penalty associated with the loan. Any proceeds received from the prepayment penalty will be paid to the investors.

Risk Factors*

  • Forward-Looking Statements: Investors should not rely on any forward-looking statements made regarding this opportunity, because such statements are inherently uncertain and involve risks. We use words such as “anticipated”, “projected”, “forecasted”, “estimated”, “prospective”, “believes”, “expects”, “plans”, “future”, “intends”, “should”, “can”, “could”, “might”, “potential”, “continue”, “may”, “will”, and similar expressions to identify these forward-looking statements.
  • Market Risk: Investments related to mortgages secured by real estate are subject to market valuation risks that may be caused by changing economic and local market conditions. The property underlying the corresponding borrower loan is expected to have reasonably acceptable loan-to-value ratios and to meet certain other valuation criteria, but estimated values made when the loan is originated may not fully represent current market values, and subsequent market values will in particular be affected by changing economic or local market conditions. Such conditions are beyond the control of Realty Mogul and of the corresponding borrower on this loan. Such conditions may change due to factors such as local real estate market conditions, prevailing interest rates, the rate of unemployment, the level of consumer confidence, the value of the U.S. dollar, energy prices, changes in consumer spending, the number of personal bankruptcies, disruptions in the credit markets and other factors.
  • Credit Risk: The borrower loan is being made with respect to a property that is in need of repairs, a situation that does not generally meet the financing criteria for conventional mortgages from institutional sources. Credit risk is inherent in the mortgage lending industry, and there can be no assurance that the credit worthiness of the borrower will be sufficient to assure the full repayment of the underlying borrower loan.
  • Insurance Risk: The borrower will maintain insurance of the kind that is customarily obtained for similar properties, but is not expected to carry certain disaster-type insurance (covering events of a catastrophic nature, such as earthquakes). In the event that an uninsured disaster should occur to the real property underlying the corresponding borrower loan, or in the event a borrower does not maintain the required insurance and a loss occurs, Realty Mogul could experience difficulty recovering the principal amount of the corresponding borrower loan and any interest due thereon.

Risk Mitigation*

  • There is a full personal guarantee on the underlying borrower loan.
  • The borrower is a real estate company with a history and a track record of success.
  • The security interest for the underlying borrower loan is a deed of trust.
  • The underlying borrower loan is protected by title insurance.
  • The underlying property is protected by hazard insurance.
  • Investor returns are not contingent on the appreciation of the property value and investor returns do not increase based on any resale price. The borrower is still obligated to repay the corresponding borrower loan.
  • In a worst case scenario, a foreclosure of the property is possible. Proceeds would be distributed to investors according to the percentage of the total investment opportunity initially funded net of any expenses incurred for the foreclosure proceedings. 

*The above is not intended to be a full discussion of all the risks of this investment.


The property is located in Oakland, CA, the third largest city in the San Francisco Bay Area with a population of approximately 400,000.

Oakland is a major West Coast port, and one of the busiest ports in the world as measured by cargo volume. The city is the headquarters of several major firms including Clorox, Kaiser Permanente, Pandora Radio, and Oakland is located on the east side of the San Francisco Bay and has a Mediterranean climate with an average of 260 sunny days per year. 

The home is in the Laurel neighborhood of Oakland which includes several schools, parks, shopping areas and highways nearby. Joaquin Miller Park, a 500 acre heavily wooded park with panoramic views of the San Francisco Bay area, is within 3 miles of the property.

The house is located in a largely suburban neighborhood comprised primarily of single family homes. It is in average condition relative to other properties nearby that are of similar age and size. As a 92 year old property there is a potentially significant value add opportunity through repairs and cosmetic upgrades.




(877) 781-7062

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