Traditional-style 8-room home featuring 3 bedrooms, 2.1 bathrooms, and a three-car garage, built in 1976. Offering 2,690 square feet of living space on a 6,800 square foot cul-de-sac lot, the property is located in the sought-after Little Saigon neighborhood, close to freeway access, shopping, schools, entertainment, recreation, and employment centers. The home retains much of its original character, with mostly tile and some laminate flooring, a welcoming double-door entry, vaulted ceilings, dual-pane windows, plantation shutters, one fireplace, a covered porch, a paver rear patio, and central air conditioning. The backyard features a large row of mature Cypress trees, adding privacy and charm. Minor renovations are currently underway, including patching a hole in the kitchen and cleaning up the backyard. Both the interior and exterior were repainted in 2022. Owned by the Borrower’s family for over thirty years, the property was inherited in 2015 and has since been held as an investment. It is currently rented to three tenants for $3,200 per month. The purpose of the requested loan is to refinance the existing SO-CAL lien and pull cash out to complete additional renovations aimed at increasing rental income. Before maturity, the Borrower plans to improve his credit profile and refinance into a DSCR loan. The Borrower is an entrepreneur, co-owning a termite company with a family member and engaging in fix-and-flip real estate investments. He is also a part-owner of a bed and breakfast and mixed-use greenhouse in Northern California, currently listed for $3,500,000. With a FICO score of 654, the Borrower is an experienced investor familiar with value-add strategies. The loan is structured with a 12-month maturity and includes 12 months of prepaid interest, providing stability during the planned improvement phase.