Loan Amount: $441,000
TYPE: FIX & FLIP / 5 BED · 6 BATH · 4,500 SQFT
Borrower put this undervalued property under contract to fix up and re-sale. Located in a gated community in Mountain's Edge, this property has comparables in the $600,000's and requires only minor rehab work to get market ready. Experienced borrower has been successfully house flipping since 2010.
WE TYPICALLY FUND FIVE TO TEN FIX AND FLIPS LIKE THIS PER MONTH. LOAN TERM IS USUALLY UNDER 6 MONTHS... PERFECT FOR THE PRIVATE INVESTOR WHO DESIRES A SHORTER TERM TRUST DEED