Transaction Details

Fix Flip LOC Draw - Add a level, NJ


Fix Flip LOC Draw - Add a level | 60 Carsam Rd, Fanwood, NJ 07023
Recently Funded

R-Iaione Companies, Inc.


Property Type: Single Family

Development Phase:

Full Renovation

Rate
8.74%
Loan to cost
70.67%
Loan to ARV
66.72%
Total Loan Amount
$639,813.00
Initial loan amount
$272,091.00
Rehab/Const Loan amount
$367,722.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Streamline
Amortization
Interest Only
Investment Summary
Gutting, renovating and expanding of existing SFR into a new colonial. The foundation and moste of the exterior walls will remain; entire roof structure will be removed and new 2nd story will be added.
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