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.
Fix Flip Draw - Full Reno | 2529 Track Circle, Scotch Plains, NJ 07076
Recently Funded
R. Iaione Companies Inc
Property Type: Single Family
Development Phase:
Full Renovation
Rate
9.5%
Loan to cost
65.92%
Loan to ARV
61.18%
Total Loan Amount
$513,869.00
Initial loan amount
$248,869.00
Rehab/Const Loan amount
$265,000.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Streamline
Amortization
Interest Only
Investment Summary
Renovation of the existing cape cod home currently located at 2529 tack circle, Scotch Plains, NJ 07076. The foundation & first floor exterior walls will remain will remain intact. The roof structure will be demolished to add a 2nd story to the home, converting same into a 4 bdrm colonial, conducive with the surrounding neighborhood.
The current dwelling is comprised of 1782sq.ft. of living area and the new structure, once completed will total 2382sq.ft. Thereby adding 600sq.ft. additional living area to the existing dwelling.
Fix/Flip Daw - Cash out | 12 Brookside Rd, Neptune, NJ 07753
Recently Funded
Oyster Point Investments
Property Type: Single Family
Development Phase:
Full Renovation
Rate
8.5%
Loan to cost
%
Loan to ARV
53.74%
Total Loan Amount
$220,348.00
Initial loan amount
$121,115.00
Rehab/Const Loan amount
$90,212.00
Transaction type
Cash Out Refinance
Loan program
Fix/Flip LIne of Credit
Doc Type
Streamline
Amortization
Interest Only
Investment Summary
Exterior: Replacing all siding, roofing, majority of windows, removal of oil tank, replace deck boards, pour concrete steps, replace walkway railing, update and clean up landscaping and new front door.
Interior: New Flooring throughout i.e. hardwood, coretec and carpet, new kitchen cabinets/countertops/backsplash/appliances, new base molding throughout entire house, update electrical panel, add new high hats kitchen, dining, den, living room, hallways, bathrooms and laundry room, replace furnace and A/C, run gas line to dryer and stove, renovate 2 full baths i.e. tile floor, tile wall, tile shower, new diverters, new vanities and toilets, paint entire house including interior exposed foundation, garage, garage floor.
Fix/Flip LOC Draw - Cash out refi | 19 Froelich Street, Bergenfield, NJ 07621
Recently Funded
MGP Properties, LLC
Property Type: Single Family
Development Phase:
Repositioning
Rate
8.38%
Loan to cost
%
Loan to ARV
67.79%
Total Loan Amount
$261,000.00
Initial loan amount
$261,000.00
Rehab/Const Loan amount
$52,000.00
Transaction type
Cash Out Refinance
Loan program
Fix/Flip LIne of Credit
Doc Type
Debt Coverage Ratio
Amortization
Interest Only
Investment Summary
Borrower funded this project 100% in cash. Utilizing LOC to Cashout and fund another project.
Fix/Flip LOC Draw | 905-907 South 17th Street, Newark, NJ 07108
Recently Funded
North Star Investors LLC
Property Type: 3 unit building
Development Phase:
Full Renovation
Rate
9.49%
Loan to cost
87.5%
Loan to ARV
75%
Total Loan Amount
$210,000.00
Initial loan amount
$210,000.00
Rehab/Const Loan amount
$21,700.00
Transaction type
Purchase and Rehabilitation
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Interest Only
Investment Summary
Roof and soffits will be repaired. Basement pipes will be replaced and repaired. Electrical boxes rewired and upgraded. First floor ceilings and walls will be repaired and painted. Floors will be upgraded. 3rd floor will be cleaned out. Bathroom will be upgraded with new toilet, vanity, tub, tiles. New appliances and cabinets in kitchen. New sheet rock and paint.
Fix/Flip LOC Draw | 308 7th Avenue West, Newark, NJ 07107
Recently Funded
Angelo Durante
Property Type: 3 unit building
Development Phase:
Full Renovation
Rate
9.49%
Loan to cost
88.2%
Loan to ARV
58.64%
Total Loan Amount
$234,540.00
Initial loan amount
$220,500.00
Rehab/Const Loan amount
$15,600.00
Transaction type
Purchase and Rehabilitation
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Interest Only
Investment Summary
Repair roof, fix leak to basement bathroom, replace 6 doors on 1st & 2nd floors, paint hallways, 1st & 2nd floor apartments, sand hallways, paint front porch, replace kitchen cabinets, replace kitchen appliances, replace missing hallway railing spindles, replace broken gutters, add downspouts
Recently Funded
Property Type: Single Family
Development Phase:
Repositioning
Rate
6.94%
Loan to cost
%
Loan to ARV
69.5%
Total Loan Amount
$166,800.00
Initial loan amount
$166,800.00
Rehab/Const Loan amount
$0.00
Transaction type
Cash Out Refinance
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
Cash out Refi - 30 Year Fixed Business Purpose | 204 W 16th Street, Linden, NJ 07036
Recently Funded
204 W 16th Street LLC
Property Type: 2 unit building
Development Phase:
Repositioning
Rate
7.39%
Loan to cost
%
Loan to ARV
80%
Total Loan Amount
$328,000.00
Initial loan amount
$328,000.00
Rehab/Const Loan amount
$0.00
Transaction type
Cash Out Refinance
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
Conversion to permanent 30 Year fixed financing with cash out. Loan made to LLC
Cash Out Refi - 30 Fixed | 116 Deaver St, Havre De Grace, MD 21078
Recently Funded
Omniverse Property Group, LLC
Property Type: Single Family
Development Phase:
Repositioning
Rate
7.34%
Loan to cost
%
Loan to ARV
80%
Total Loan Amount
$100,000.00
Initial loan amount
$100,000.00
Rehab/Const Loan amount
$0.00
Transaction type
Cash Out Refinance
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
Repositioning to long term cash flow with cash back
Recently Funded
157 Bermuda Lakes Dr LLC
Property Type: Single Family
Development Phase:
Repositioning
Rate
6.75%
Loan to cost
103.22%
Loan to ARV
75%
Total Loan Amount
$120,000.00
Initial loan amount
$120,000.00
Rehab/Const Loan amount
$0.00
Transaction type
Cash Out Refinance
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
Repositioning. Long term financing after rehab with cash out.
Fix/Flip LOC Draw | 248 Linden St, Northville, MI 48167
Recently Funded
HESS PROPERTY SOLUTIONS LLC
Property Type: Single Family
Development Phase:
Repositioning
Rate
9.49%
Loan to cost
%
Loan to ARV
55.41%
Total Loan Amount
$387,900.00
Initial loan amount
$295,029.00
Rehab/Const Loan amount
$171,700.00
Transaction type
Cash Out Refinance
Loan program
Fix/Flip LIne of Credit
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
Repositionig
Cash out Refi | 3427 West End Avenue, Trevose, PA 19053
Recently Funded
Omniverse Property Group, LLC
Property Type: Single Family
Development Phase:
Repositioning
Rate
7.21%
Loan to cost
%
Loan to ARV
80%
Total Loan Amount
$264,000.00
Initial loan amount
$264,000.00
Rehab/Const Loan amount
$0.00
Transaction type
Cash Out Refinance
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
Repositioning after rehab. Cash out 30 year fixed.
Recently Funded
One Stop Properties, LLC
Property Type: 3 unit building
Development Phase:
Repositioning
Rate
7.34%
Loan to cost
%
Loan to ARV
80%
Total Loan Amount
$172,000.00
Initial loan amount
$172,000.00
Rehab/Const Loan amount
$0.00
Transaction type
Cash Out Refinance
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
Repositioning to long term financing with cash out.
Fix/Flip Line of Credit Draw | 719 N Clinton Street, St. Johns, MI 48879
Recently Funded
TE Consulting
Property Type: Multifamily
Development Phase:
Full Renovation
Rate
9.49%
Loan to cost
%
Loan to ARV
51%
Total Loan Amount
$85,672.00
Initial loan amount
$60,200.00
Rehab/Const Loan amount
$28,964.00
Transaction type
Refinance
Loan program
Fix/Flip LIne of Credit
Doc Type
Debt Coverage Ratio
Amortization
Interest Only
Investment Summary
Update of siding, floors, entryways, garage, utility separation
Fix/Flip LOC Draw | 272 1/2 Summer Avenue, Newark, NJ 07104
Recently Funded
Angelo Durante
Property Type: 2 Unit
Development Phase:
Full Renovation
Rate
9.49%
Loan to cost
90%
Loan to ARV
74.01%
Total Loan Amount
$155,430.00
Initial loan amount
$148,500.00
Rehab/Const Loan amount
$7,700.00
Transaction type
Purchase and Rehabilitation
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Interest Only
Investment Summary
Plumbing in basement, exterior light fixture, both shower floors, fix ceiling leak, repair wood stairs, repair rear door threshold
Fix/Flip LOC Draw | 116 Summer Ave, Newark, NJ 07104
Recently Funded
Angelo Durante
Property Type: 3 unit building
Development Phase:
Full Renovation
Rate
9.49%
Loan to cost
90%
Loan to ARV
71.98%
Total Loan Amount
$197,955.00
Initial loan amount
$180,000.00
Rehab/Const Loan amount
$19,950.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Debt Coverage Ratio
Amortization
Interest Only
Investment Summary
Demo 3rd floor, repair plumbing, upgrade panels and windows, sheetrock, new flooring, new cabinets, new toilets and vanities
Fix/Flip LOC Draw | 506 Grand Ave, Hackettstown, NJ 07840
Recently Funded
Ladlo Property Solutions
Property Type: Single Family
Development Phase:
Full Renovation
Rate
7.49%
Loan to cost
90%
Loan to ARV
55.05%
Total Loan Amount
$187,164.00
Initial loan amount
$117,000.00
Rehab/Const Loan amount
$77,960.00
Transaction type
Purchase
Loan program
Fix/Flip LIne of Credit
Doc Type
Debt Coverage Ratio
Amortization
Interest Only
Investment Summary
Replace roof, gut and remodel kitchen & bathrooms, paneling and sheetrock replacement, replace flooring, doors and hardware
Fix/Flip LOC Draw | 7 Deer Run, Blairstown, NJ 07825
Recently Funded
Ladlo Property Solutions
Property Type: Single Family
Development Phase:
Full Renovation
Rate
7.49%
Loan to cost
90%
Loan to ARV
61.27%
Total Loan Amount
$294,101.00
Initial loan amount
$130,500.00
Rehab/Const Loan amount
$181,779.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Debt Coverage Ratio
Amortization
Interest Only
Investment Summary
Replace roof, gut and remodel kitchen, gut and update bathrooms, extensive sheetrock repair, replace majority of flooring, replace doors and hardware,
lighting throughout, paint interior, replace septic, powerwash exterior, basic landscape for curb appeal, reline pool.
Fix/Flip LOC Draw | 116 Deaver St, Havre De Grace, MD 21078
Recently Funded
Omniverse Property Group, LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
8.99%
Loan to cost
85.07%
Loan to ARV
71.27%
Total Loan Amount
$74,833.00
Initial loan amount
$57,000.00
Rehab/Const Loan amount
$21,000.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Debt Coverage Ratio
Amortization
Interest Only
Investment Summary
New roof, replace water hater, replace screens, replace back siding, replace drywall, replace interior doors, repair cabinets, replace countertops, tub toilet, light fixtures, refrigerator, deck rails
Fix/Flip LOC Draw | 162 Springfield Avenue, East Orange, NJ 07017
Recently Funded
North Star Investors LLC
Property Type: 3 unit building
Development Phase:
Full Renovation
Rate
8.49%
Loan to cost
90%
Loan to ARV
64.16%
Total Loan Amount
$179,640.00
Initial loan amount
$162,000.00
Rehab/Const Loan amount
$19,600.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
Replace porch ceiling and floor beams; repair roof, gutters basement pipe leak, sheetrock & remediate mold; replace 4 windows and siding shingle repair
Cash Out Refinance | 2710 Pilgrims Pint Drive, Webster, TX 77598
Recently Funded
Jona Meyer
Property Type: Single Family
Development Phase:
Repositioning
Rate
7.5%
Loan to cost
%
Loan to ARV
65%
Total Loan Amount
$107,250.00
Initial loan amount
$107,250.00
Rehab/Const Loan amount
$0.00
Transaction type
Cash Out Refinance
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
Fix/Flip LOC Conversion to Permanent Financing
Fix/Flip LOC Draw | 219 Spring Street, Paterson, NJ 07503
Recently Funded
Northstar Investors, LLC
Property Type: 3 unit building
Development Phase:
Full Renovation
Rate
8.49%
Loan to cost
90%
Loan to ARV
65.01%
Total Loan Amount
$195,035.00
Initial loan amount
$171,000.00
Rehab/Const Loan amount
$25,300.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
New kitchen floors, subfloors, counters in all three units
Fix/Filp LOC Draw | 6 Wootton Rd, Essex Fells, NJ 07021
Recently Funded
MGP Properties, LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
9.99%
Loan to cost
88.14%
Loan to ARV
70%
Total Loan Amount
$360,500.00
Initial loan amount
$360,500.00
Rehab/Const Loan amount
$75,000.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
Add a full bath converting home to full 3 bedroom and two bath. Renovate entire home.
30 Year Fixed Cash out Refinance | 1403 Ascent Trail, Huntsville, AL 35816
Recently Funded
1403 Ascent Trail, LLC
Property Type: 4 unit building
Development Phase:
Full Renovation
Rate
6%
Loan to cost
70%
Loan to ARV
70%
Total Loan Amount
$115,500.00
Initial loan amount
$115,500.00
Rehab/Const Loan amount
$0.00
Transaction type
Cash Out Refinance
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
Property was successfully renovated using fix/filp LOC. Refinance to permanent financing after stabilization.
Recently Funded
Black Diamond Properties LLC
Property Type: 3 unit building
Development Phase:
Full Renovation
Rate
9.99%
Loan to cost
90%
Loan to ARV
69.71%
Total Loan Amount
$146,400.00
Initial loan amount
$135,000.00
Rehab/Const Loan amount
$12,000.00
Transaction type
Purchase and Rehabilitation
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
Update electrical, plumbing, and baths.
30 Year Fixed Cash Out Refi | 27 E. Elm Street, Linden, NJ 07036
Recently Funded
27 E Elm, LLC
Property Type: 2 unit building
Development Phase:
Repositioning
Rate
6.63%
Loan to cost
73.66%
Loan to ARV
73.67%
Total Loan Amount
$320,450.00
Initial loan amount
$320,450.00
Rehab/Const Loan amount
$0.00
Transaction type
Cash Out Refinance
Loan program
30 Year Fixed
Doc Type
Streamline
Amortization
Interest Only
Investment Summary
Fix/Flip LOC Conversion to Permanent Financing
30 Year Fixed Cash Out Refi | 2956 Yorkway, Baltimore, MD 21222
Recently Funded
Omniverse Property Group, LLC
Property Type: 2 unit building
Development Phase:
Repositioning
Rate
7.13%
Loan to cost
75%
Loan to ARV
75%
Total Loan Amount
$86,250.00
Initial loan amount
$86,250.00
Rehab/Const Loan amount
$0.00
Transaction type
Cash Out Refinance
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
Conversion of LOC Draw to permanent 30 year fixed financing with cash out.
Fix/Flip LOC Draw | 6174 E Spicerville Hwy, Easton Rapids, MI 48827
Recently Funded
TE Consulting
Property Type: Single Family
Development Phase:
Full Renovation
Rate
9.49%
Loan to cost
80%
Loan to ARV
64.81%
Total Loan Amount
$77,770.00
Initial loan amount
$21,600.00
Rehab/Const Loan amount
$56,440.00
Transaction type
Refinance
Loan program
Fix/Flip LIne of Credit
Doc Type
Debt Coverage Ratio
Amortization
Interest Only
Investment Summary
Instillation of new septic field and well system per county specifications. Update and restoration of plumbing. and electrical systems.
Refurbishment of floors. ceilings. walls. stairways, bathroom.& kitchen. New appliances. and a garage. Clean up of house exterior and
replacement of chimney housing.
Fix/Flip LOC Draw | 22 Race Street, Nutley, NJ 07710
Recently Funded
Red Door Investments, LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
7.99%
Loan to cost
90%
Loan to ARV
51.48%
Total Loan Amount
$347,480.00
Initial loan amount
$198,900.00
Rehab/Const Loan amount
$156,750.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Debt Coverage Ratio
Amortization
Interest Only
Investment Summary
The project will be to add a two story addition on the property. We will be tying the new section in and matching it to the existing property.
Fix/Flip LOC Draw | 2026 Birch Street, Scotch Plains, NJ 07076
Recently Funded
Benchmark Property Group, LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
9.49%
Loan to cost
90%
Loan to ARV
55.37%
Total Loan Amount
$487,285.00
Initial loan amount
$297,000.00
Rehab/Const Loan amount
$200,300.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Debt Coverage Ratio
Amortization
Interest Only
Investment Summary
House is currently a cape cod style that we will be demolished the existing dwelling down to the 1st floor deck. Hew building will be gutted reframed, new
timberline roof, vinyl siding, new exterior doors, windows. All the MEP systems will be removed and replaced Including, replace sewer main and water main from
street, all plumbing and fixtures will be new throughout the house including all OWV piping, Water and Gas. Electrical will 11et a new 200 Amp service, all
new wiring, high hats throughout, all new devices, hardwired smoke detectors. All HVAC will be replaced with two zones and new throu&hout the home includina
ductwork, central air, and forced hot afr heat, all equipment to be high efficiency units. All finishes will be new also includfn11 hardwood floors throughout the
home except for areas that may get wet they will be tiled. New kitchen with new cabinets and quartz countertops. New drywall throughout with tape and
spackle. New tile, full custom trim packaae including built in closet systems, custom locker in the mudroom. Also existing to be demolished and
rebuilt due to compromised foundation, also there will be a new addition added out the bad< to square off the structure. We have received an existing survey and none of these renovations should be an issue and not need a variance.
Fix/Flip LOC Draw | 803 E State St, St. Johns, MI 48879
Recently Funded
TE Consulting
Property Type: Multifamily
Development Phase:
Full Renovation
Rate
9.49%
Loan to cost
90%
Loan to ARV
71.7%
Total Loan Amount
$64,529.00
Initial loan amount
$34,200.00
Rehab/Const Loan amount
$30,329.00
Transaction type
Cash Out Refinance
Loan program
Fix/Flip LIne of Credit
Doc Type
Debt Coverage Ratio
Amortization
Interest Only
Investment Summary
Update roof, siding, entry and garage
Fix/Flip LOC Draw | 21 Richard Ct, River Edge, NJ 07661
Recently Funded
Inest Property Solutions LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
7.49%
Loan to cost
90%
Loan to ARV
65.67%
Total Loan Amount
$492,550.00
Initial loan amount
$316,800.00
Rehab/Const Loan amount
$185,000.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Streamline
Amortization
Interest Only
Investment Summary
Extension to existence one story single family home. This 2 bedrooms 1.5 baths will be expanded and renovated into a 5 bedrooms 4 full bath. Complete gut rehab/Interior renovation. (see plans attached). New electrical, plumbing and HVAC systems
Fix/Flip LOC Draw | 16 Wagner Pl, Irvington, NJ 07111
Recently Funded
S L MURRAY ASSOCIATES LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
8.99%
Loan to cost
87.5%
Loan to ARV
70.93%
Total Loan Amount
$139,735.00
Initial loan amount
$70,000.00
Rehab/Const Loan amount
$71,300.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Full
Amortization
Interest Only
Investment Summary
There are two bathrooms to be renovated. One is making a half-bath to a full bathroom and the second floor bathroom is being completely gutted. The
kithchen is going to be inlarged moving the radiator from that wall and opening up the pantry permits may be needed. Kitchen is a gut an opening up part
of the wall for counter top space and cabinet underneath.
Fix/Flip LOC Draw | 520 W Grand Ave, Rahway, NJ 07065
Recently Funded
CT Prime Real Estate, LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
7.49%
Loan to cost
90%
Loan to ARV
75%
Total Loan Amount
$254,250.00
Initial loan amount
$195,300.00
Rehab/Const Loan amount
$77,900.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Streamline
Amortization
Interest Only
Investment Summary
Complete gut rehab/Interior renovation. Re-arrange layout on second level to create 3 bedrooms 1 bath. Remodel 1 bath and kitchen on first floor. New
electrical, plumbing and HVAC systems.
repair/paint siding/fascia/soffits, repair cracked foundation garage; repair wood deck/steps/rails;
replace/paint rusted bilco door; add missing insulation; replace water damage ceiling
tiles/framing/paneling/insulation/basement
Fix/Flip LOC Draw | 22 Bolds Ln, Woodland Park, NJ 07424
Recently Funded
Red Door Investments, LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
7.99%
Loan to cost
90%
Loan to ARV
75%
Total Loan Amount
$281,250.00
Initial loan amount
$266,400.00
Rehab/Const Loan amount
$40,000.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Debt Coverage Ratio
Amortization
Interest Only
Investment Summary
Town house built in the 80's needs flooring (hardwood and tile work), kitchen cabinets and counter tops and paint.
30 Year Fixed Cash out Refi | 1227 Monroe Ave, Asbury Park, NJ 07712
Recently Funded
JLV Rentals LLC
Property Type: 2 unit building
Development Phase:
Full Renovation
Rate
6.88%
Loan to cost
75%
Loan to ARV
75%
Total Loan Amount
$181,500.00
Initial loan amount
$181,500.00
Rehab/Const Loan amount
$0.00
Transaction type
Cash Out Refinance
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
Cash out refinance to 30 year fixed for cash flowing passive income property.
Fix/Flip LOC Draw | 80 South 13th Street, Newark, NJ 07103
Recently Funded
Northstar Investors, LLC
Property Type: 3 unit building
Development Phase:
Full Renovation
Rate
8.49%
Loan to cost
96.9%
Loan to ARV
73.68%
Total Loan Amount
$228,400.00
Initial loan amount
$213,200.00
Rehab/Const Loan amount
$16,000.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Debt Coverage Ratio
Amortization
Interest Only
Investment Summary
Paint and repair sheetrock front and back hallways
Drywall waterproof and seal basement
Structural repair and replace support beams in the basement
Structural repair the mortar on the bricks around the exterior foundation
Fix/Flip LOC Draw | 10 David Rd, Cedar Grove, NJ 07009
Recently Funded
Yellow Door Investments LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
7.99%
Loan to cost
90%
Loan to ARV
61.61%
Total Loan Amount
$372,750.00
Initial loan amount
$216,000.00
Rehab/Const Loan amount
$165,000.00
Transaction type
Pre-Approval
Loan program
Fix/Flip LIne of Credit
Doc Type
Debt Coverage Ratio
Amortization
Interest Only
Investment Summary
We will be converting this cape style home to a colonial by adding a level. All electrical,
plumbing and HVAC will be complete replaced.
Fix/Flip LOC Draw | 34 2nd Avenue, Roseland, NJ 07068
Recently Funded
SL Murray Associates LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
9.49%
Loan to cost
90%
Loan to ARV
75%
Total Loan Amount
$465,000.00
Initial loan amount
$387,000.00
Rehab/Const Loan amount
$115,425.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Debt Coverage Ratio
Amortization
Interest Only
Investment Summary
Renovate and update kitchen cabinets and flooring. Open wall and install island. Sheetrock and paint living room, dining room, entryway and hallways. Paint bedrooms. Remodel bathrooms to make 3 full baths. Bathroom 1 - Remove tub, install a standing shower. Wall in door create a new door from master bedroom. Relocate toilet sink and vanity. Bathroom 2 - Install shower tub combo. Wall in existing door. Remove linen closet. Install new toilet sink vanity and closet. Bathroom 3 - Enclose bathroom, Install new standing shower, tile bathroom. Relocate laundry room. Enclose family room. Install outside patio.
Fix/Flip LOC Draw | 186 Hunter Ave, Fanwood, NJ 07023
Recently Funded
Your Space Home Improvements, LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
8.49%
Loan to cost
90%
Loan to ARV
61.03%
Total Loan Amount
$503,463.00
Initial loan amount
$297,000.00
Rehab/Const Loan amount
$217,330.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Full
Amortization
Interest Only
Investment Summary
Gut, demo framing, adding 2nd floor level, full construction work
Fix/Flip LOC Draw | 248 Linden Street, Milford, MI 48380
Recently Funded
Hess Property Solutions
Property Type: Single Family
Development Phase:
Full Renovation
Rate
8.99%
Loan to cost
90%
Loan to ARV
69.24%
Total Loan Amount
$410,615.00
Initial loan amount
$247,500.00
Rehab/Const Loan amount
$171,700.00
Transaction type
Bridge
Loan program
Fix/Flip LIne of Credit
Doc Type
Full
Amortization
Interest Only
Investment Summary
Tear down existing garage, punch out back wall to add on, remove walls on existing first & second floor, lift roof
Remove large bushes, replace with smaller manicured bushes
New construction framing to add on 2nd story, increase home square footage by 1500 sf
New quartz/granite/marble countertops in kitchen
High end, soft close kitchen cabinets
New high end kitchen appliances (fridge, gas range, hood, double wall ovens, microwave), W/D
New hardwoods across home
New bathroom tile for 3 bathrooms
Single Fix/Flip Loan | 189 Briarheath Lane, Clark, NJ 07066
Recently Funded
R-Iaione Companies, Inc.
Property Type: Single Family
Development Phase:
Full Renovation
Rate
8.49%
Loan to cost
90%
Loan to ARV
37.99%
Total Loan Amount
$378,000.00
Initial loan amount
$378,000.00
Rehab/Const Loan amount
$305,000.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Streamline
Amortization
Interest Only
Investment Summary
Existing home will be completely gutted and re-built to a completely new home. The foundation and exterior walls will remain in place and the interior will be completely rebuilt. The existing home will be rebuilt according to new plans and specs, which will be drawn by a NJ state licensed architect. All plans will be submitted to the Clark Twsp Building Dept. for their approval and issuance of a building perrmit. No work will commence until plans are approved and released by building dept.
Fix/Flip LOC Draw | 1190 Cedar Lane, Secaucus, NJ 07094
Recently Funded
CT Prime Real Estate, LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
7.49%
Loan to cost
90%
Loan to ARV
73.98%
Total Loan Amount
$425,400.00
Initial loan amount
$328,500.00
Rehab/Const Loan amount
$102,000.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Stremline
Amortization
Interest Only
Investment Summary
Addition to the garage, remove existing second floor dormer and add new second floor and new roof, Complete gut of the first floor and basement, new interior update. Add approx 600 sf to the house.
30 Year Fixed Cash Out Refi | 121 Palm Street, Newark, NJ 07106
Recently Funded
Network Rentals LLC
Property Type: 2 unit building
Development Phase:
Repositioning
Rate
6.88%
Loan to cost
75%
Loan to ARV
75%
Total Loan Amount
$146,250.00
Initial loan amount
$146,250.00
Rehab/Const Loan amount
$0.00
Transaction type
Cash Out Refinance
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
Conversion to permanent financing after rehab and rental. 30 Year Fixed.
Fix/Flip LOC Draw | 87 Richard St, Rockaway Township, NJ 07801
Recently Funded
Radix Pura LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
8.99%
Loan to cost
90%
Loan to ARV
69.16%
Total Loan Amount
$280,077.00
Initial loan amount
$216,000.00
Rehab/Const Loan amount
$67,450.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Stremline
Amortization
Interest Only
Investment Summary
Renovate kitchen and bathrooms.
floors: repair and/or reinstall where needed. reinish hard wood floors and install carpet in 4th bedroom.
paint entire house.
inspect and repair electrical.
inspect and repair Plumbing.
Inspect and repair HVAC.
Landscaping.
new driveway.
30 Year Fixed Cash Out Refi | 18 Johnson Ave, Newark, NJ 07108
Recently Funded
Network Rentals LLC
Property Type: 2 unit building
Development Phase:
Repositioning
Rate
6.88%
Loan to cost
75%
Loan to ARV
75%
Total Loan Amount
$225,000.00
Initial loan amount
$225,000.00
Rehab/Const Loan amount
$0.00
Transaction type
Cash Out Refinance
Loan program
30 Year Fixed
Doc Type
Full
Amortization
Fully Amortized
Investment Summary
Conversion to permanent financing after rehab and rental.
Fix/Flip Line of Credit Draw | 2 Rose Court, Cranford, NJ 07016
Recently Funded
Candor Homes LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
8.49%
Loan to cost
90%
Loan to ARV
55.87%
Total Loan Amount
$315,125.00
Initial loan amount
$184,500.00
Rehab/Const Loan amount
$130,000.00
Transaction type
Rate/Term Refinance
Loan program
Fix/Flip LIne of Credit
Doc Type
Streamline
Amortization
Interest Only
Investment Summary
Renovate/add a level
30 Year Fixed Cash Out Refi | 284 Leslie Street, Newark, NJ 07112
Recently Funded
Network Rentals LLC
Property Type: 2 unit building
Development Phase:
Repositioning
Rate
6.88%
Loan to cost
75%
Loan to ARV
75%
Total Loan Amount
$176,250.00
Initial loan amount
$176,250.00
Rehab/Const Loan amount
$0.00
Transaction type
Cash Out Refinance
Loan program
30 Year Fixed
Doc Type
Full
Amortization
Fully Amortized
Investment Summary
Conversion to 30 Year fixed permanent financing after reno and rental.
Fix/Flip LOC draw | 27 E. Elm Street, Linden, NJ 07036
Recently Funded
Candor Homes LLC
Property Type: 2 unit building
Development Phase:
Full Renovation
Rate
8.49%
Loan to cost
90%
Loan to ARV
70.37%
Total Loan Amount
$235,750.00
Initial loan amount
$202,500.00
Rehab/Const Loan amount
$35,000.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Streamline
Amortization
Interest Only
Investment Summary
basic cosmetic work, repairs as needed
Cash Out Refinance | 346 Halsey St, Plainfield, NJ 07060
Recently Funded
346 HALSEY LLC
Property Type: 2 unit building
Development Phase:
Repositioning
Rate
6.25%
Loan to cost
75%
Loan to ARV
75%
Total Loan Amount
$180,000.00
Initial loan amount
$180,000.00
Rehab/Const Loan amount
$0.00
Transaction type
Cash Out Refinance
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
Refinance with cash out. Conversion to 30 year fixed permanent financing.
Cash Out Refinance | 609 Adelle St SW, Hartselle, AL 35640
Recently Funded
609 Adelle Street SW LLC
Property Type: 3-4 Unit
Development Phase:
Repositioning
Rate
6.88%
Loan to cost
114.47%
Loan to ARV
70.51%
Total Loan Amount
$97,300.00
Initial loan amount
$97,300.00
Rehab/Const Loan amount
$0.00
Transaction type
Cash Out Refinance
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
Fix/Flip LOC Conversion to Permanent Financing
Fix/Flip LOC Draw | 168 North 12th Street, Newark, NJ
Recently Funded
Northstar Investors, LLC
Property Type: 3 unit building
Development Phase:
Full Renovation
Rate
8.49%
Loan to cost
90%
Loan to ARV
75%
Total Loan Amount
$213,750.00
Initial loan amount
$180,000.00
Rehab/Const Loan amount
$37,000.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Full
Amortization
Interest Only
Investment Summary
Structural - Remove and dispose of old soffits, Construct new outside wall of house. New Gutters. Repairs Rotted wood. Replace support beam under
second floor balcony. Replace floor on second floor balcony
Paint - front hallway and second floor apartment.
Drywall - Front hallway walls need to be repaired
Electrical - Replace switches and outlets and repair electrical panel
Plumbing - Repair multiple leaks on second and third floor bathrooms Install new toilet and vanity on the third floor.
Replace Windows
Roof - front roof around balcony replaced
Fix/Flip LOC Draw | 245 Madison Ave, Madison, NJ 07094
Recently Funded
Inest Property Solutions LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
7.49%
Loan to cost
88.79%
Loan to ARV
44.19%
Total Loan Amount
$364,562.00
Initial loan amount
$364,562.00
Rehab/Const Loan amount
$217,800.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Streamline
Amortization
Interest Only
Investment Summary
Addition to the garage, remove existing second floor dormer and add new second floor and new roof, Complete gut of the first floor and basement, new interior update. Add approx 600 sf to the house.
Cash Out Refinance | 84-86 Sunset Ave, Newark, NJ 07106
Recently Funded
Network Rentals LLC
Property Type: 2 unit building
Development Phase:
Repositioning
Rate
6.88%
Loan to cost
75%
Loan to ARV
75%
Total Loan Amount
$150,000.00
Initial loan amount
$150,000.00
Rehab/Const Loan amount
$0.00
Transaction type
Cash Out Refinance
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
Refinance with cash out. Conversion to 30 year fixed permanent financing.
30 Year Fixed Cash Out Refi | 62 Kent St, Newark, NJ 07108
Recently Funded
Network Rentals LLC
Property Type: 2 unit building
Development Phase:
Repositioning
Rate
6.88%
Loan to cost
75%
Loan to ARV
75%
Total Loan Amount
$131,250.00
Initial loan amount
$131,250.00
Rehab/Const Loan amount
$0.00
Transaction type
Cash Out Refinance
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
Conversion to permanent financing after rehab.
Fix/Flip LOC Draw | 1210 Monroe Ave, Asbury Park, NJ 07712
Recently Funded
One Stop Properties, LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
6.5%
Loan to cost
80%
Loan to ARV
80%
Total Loan Amount
$112,000.00
Initial loan amount
$112,000.00
Rehab/Const Loan amount
$0.00
Transaction type
Purchase
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
Full Rehab
30 Year Fixed Cash Out Refi | 65 North Dundalk Ave, Baltimore, MD 21222
Recently Funded
REMG TB, LLC
Property Type: Single Family
Development Phase:
Repositioning
Rate
7.38%
Loan to cost
75%
Loan to ARV
75%
Total Loan Amount
$111,750.00
Initial loan amount
$111,750.00
Rehab/Const Loan amount
$0.00
Transaction type
Cash Out Refinance
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
Conversion to permanent financing after rehab.
LOC Cash Out Draw | 17 Quenby Mountain Rd, Great Meadows, NJ 07838
Recently Funded
Ladlo Property Solutions
Property Type: Single Family
Development Phase:
Repositioning
Rate
7.49%
Loan to cost
69.2%
Loan to ARV
71.43%
Total Loan Amount
$200,000.00
Initial loan amount
$200,000.00
Rehab/Const Loan amount
$0.00
Transaction type
Cash Out Refinance
Loan program
Fix/Flip LIne of Credit
Doc Type
Full
Amortization
Interest Only
Investment Summary
Renovated property which had not sold yet. Borrower used LOC to cash out and fund another property acquisition in cash.
Fix/Flip LOC Draw | 49 Ridge Pl, Wayne, NJ 07470
Recently Funded
Blue Door Investments, LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
7.99%
Loan to cost
85.02%
Loan to ARV
75%
Total Loan Amount
$356,250.00
Initial loan amount
$184,500.00
Rehab/Const Loan amount
$200,000.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Full
Amortization
Interest Only
Investment Summary
Add a level and redo the interior of home
Fix/Flip LOC Draw | 36 Ramapo Mounty Dr., Wanaque, NJ 07465
Recently Funded
16 Westminister LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
8.99%
Loan to cost
85%
Loan to ARV
72.73%
Total Loan Amount
$363,630.00
Initial loan amount
$281,350.00
Rehab/Const Loan amount
$96,800.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Full
Amortization
Interest Only
Investment Summary
Remove mold from basement and refinish it again.
Update bathrooms: Replace all fixtures and install tile on walls.
kitchen: Inspect and repair cabinets. new countertop, new backsplash, new fridge, inspect and repair stove and dishwasher.
floors: repair and/or reinstall where needed. install new floors in second floor.
paint entire house.
inspect and repair electrical.
inspect and repair Plumbing.
Inspect and repair HVAC.
Landscaping.
30 Year Fixed Cash Out Refi | 7751 Eastdale Road, Baltimore, MD 21224
Recently Funded
M.A.S. Enterprises, LLC
Property Type: PUD
Development Phase:
Repositioning
Rate
7%
Loan to cost
76.17%
Loan to ARV
75%
Total Loan Amount
$87,600.00
Initial loan amount
$87,600.00
Rehab/Const Loan amount
$0.00
Transaction type
Cash Out Refinance
Loan program
30 Year Fixed
Doc Type
Full
Amortization
Fully Amortized
Investment Summary
Conversion to permanent financing after property rehab.
Fix/Flip LOC Draw | 2956 Yorkway, Baltimore, MD 21222
Recently Funded
Omniverse Property Group, LLC
Property Type: 2 unit building
Development Phase:
Full Renovation
Rate
7.99%
Loan to cost
90%
Loan to ARV
75%
Total Loan Amount
$86,250.00
Initial loan amount
$65,250.00
Rehab/Const Loan amount
$32,650.00
Transaction type
Purchase and Rehabilitation
Loan program
1 Year Fixed
Doc Type
Streamline
Amortization
Fully Amortized
Investment Summary
Repair walls by removing paneling and install new doors and walls to make the apartment more functional with 2nd floor - 2 beds - 1 bath upstairs Apartment and 1st floor 2 beds - 1 bath Apartment - replacing carpet, install new kitchen cabinets in both apartments, appliances, and flooring – replace plumbing as needed to upstairs & downstairs apartments, add another separate water heater to separate water heating utilities from one single water heater for both Apartments, upstairs will be all electric heating and downstairs will be Gas & Electric heat systems, Replace plumbing fixtures in both apartments, repair and replace electric fixtures, receptacles, switches and wall plates, smoke detectors and carbon detectors in both apartments, Repair roof has a leak in the back upstairs bed room, new paint entire house, basement will be dry locked on the inside and a second laundry room will be installed in the basement – both Apartments will have access to basement laundry areas
Fix/Flip LOC Draw | Line of Credit, 13 Hillside Ave, East Windsor 08520
Recently Funded
Soliz Investments LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
7.99%
Loan to cost
90%
Loan to ARV
67.52%
Total Loan Amount
$210,000.00
Initial loan amount
$153,000.00
Rehab/Const Loan amount
$60,000.00
Transaction type
Purchase
Loan program
Fix/Flip LIne of Credit
Doc Type
Full
Amortization
Interest Only
Investment Summary
New roof, new hbac, new kitchen, paint
Fix/Flip LOC Draw | 106 E Morris Ave, Buffalo, NY 14214
Recently Funded
LC Stratgic Realty, LLC
Property Type: 2 unit building
Development Phase:
Full Renovation
Rate
7.49%
Loan to cost
90%
Loan to ARV
75%
Total Loan Amount
$141,000.00
Initial loan amount
$103,500.00
Rehab/Const Loan amount
$55,600.00
Transaction type
Bridge
Loan program
Fix/Flip LIne of Credit
Doc Type
Full
Amortization
Interest Only
Investment Summary
All brick duplex. Needs new mechanicals, kitchen, baths, flooring, paint, 2 windows, exterior clean up/paint, garage door, gutter and flashing
Fix/Flip LOC Draw | 10-13 Campbell Rd, Fair Lawn, NJ 07410
Recently Funded
MGJP4 LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
7.99%
Loan to cost
85.94%
Loan to ARV
54.09%
Total Loan Amount
$476,000.00
Initial loan amount
$238,500.00
Rehab/Const Loan amount
$250,000.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Streamline
Amortization
Interest Only
Investment Summary
Add foundation to expand ground level and add a level
Fix/Flip LOC Draw | 60 Orchard St, Garfield, NJ 07026
Recently Funded
60 Orchard St LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
7.99%
Loan to cost
90%
Loan to ARV
65.62%
Total Loan Amount
$213,250.00
Initial loan amount
$180,000.00
Rehab/Const Loan amount
$35,000.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Full
Amortization
Fully Amortized
Investment Summary
Home needs a new electrical panel and the power to the home needs to be upgraded to 200 amp service . As well as all outlets need to be inspected to verify proper grounding changing all non functioning outlets to meet current codes.
The heating system needs to be inspected and serviced to address any issues.
there are various plumbing leaks and clogs that need to be inspected and repaired which will include repairing any walls needed to be opened to gain access to the issues.
There is a dead tree in the rear that need to be cut down and removed for safety of the home and the debris in the rear needs to be cleaned and removed.
Fix/Flip LOC Draw | 7 Highland Ave, Glen Ridge, NJ 07028
Recently Funded
Gracious Properties, LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
8.49%
Loan to cost
90%
Loan to ARV
73.69%
Total Loan Amount
$663,224.00
Initial loan amount
$427,500.00
Rehab/Const Loan amount
$250,000.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Streamline
Amortization
Interest Only
Investment Summary
Currently the house is 2349 sq/ft., 3 floors, with 3 beds, 1.5 baths. We will putting on a multi-floor addition, extending the
foundation/basement, 1st floor & 2nd floor, adding over 1000 sq/ft to the total square footage. The addition will include 2 more
beds, 2 more full baths & 1 more half bath. The third floor is currently unfinished and will be finished into a suite or thrid floor den with a full bath. A dormer will also be added to the rear of the house with a large bay window facing the east. With this dormer and window, you will have NYC views. All appliances will be high end, flooring will be mostly hardwood. There is a 1 car detached garage that will receive a new roof, new door, and painted.
Fix/Flip LOC Draw | 304 Cedar Lake Rd SW, Decatur, AL 35601
Recently Funded
Next Generation Property GROUP, LLC
Property Type: 3-4 Unit
Development Phase:
Full Renovation
Rate
8.49%
Loan to cost
90%
Loan to ARV
73.07%
Total Loan Amount
$101,565.00
Initial loan amount
$72,000.00
Rehab/Const Loan amount
$32,850.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Streamline
Amortization
Interest Only
Investment Summary
Cabinets, flooring, painting & countertop
Fix/Flip LOC Draw | 302 Cedar Lake Dr SW, Decatur, AL 35601
Recently Funded
Next Generation Property GROUP, LLC
Property Type: 3-4 Unit
Development Phase:
Full Renovation
Rate
8.49%
Loan to cost
90%
Loan to ARV
73.07%
Total Loan Amount
$101,565.00
Initial loan amount
$72,000.00
Rehab/Const Loan amount
$32,850.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Streamline
Amortization
Interest Only
Investment Summary
Cabinets, flooring, painting & countertops
Fix/Flip LOC Draw | 228 Cedar Lake Rd SW, Decatur, AL 35601
Recently Funded
Next Generation Property Group LLC
Property Type: 3-4 Unit
Development Phase:
Full Renovation
Rate
8.49%
Loan to cost
90%
Loan to ARV
73.07%
Total Loan Amount
$101,565.00
Initial loan amount
$72,000.00
Rehab/Const Loan amount
$32,850.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Stremline
Amortization
Interest Only
Investment Summary
Cabinets, flooring, painting & countertops
Fix/Flip LOC Draw | 2933 Rockhill Lane, Toms River, NJ 08755
Recently Funded
2933 Rockhill Lane LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
8.49%
Loan to cost
90%
Loan to ARV
75%
Total Loan Amount
$251,250.00
Initial loan amount
$225,000.00
Rehab/Const Loan amount
$52,300.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Full
Amortization
Interest Only
Investment Summary
Rehab will include new roof, new flooring, new kitchen, new bathrooms, [paint throughout, and clean exterior.
30 Year Fixed Cash out Refi | 188 Dewey St, Newark, NJ 07112
Recently Funded
Network Rentals LLC
Property Type: 2 Unit
Development Phase:
Repositioning
Rate
7%
Loan to cost
65%
Loan to ARV
65%
Total Loan Amount
$182,000.00
Initial loan amount
$182,000.00
Rehab/Const Loan amount
$0.00
Transaction type
Cash Out Refinance
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
Conversion to permanent financing with cash out. 30 Year Fixed.
Fix/Flip LOC Draw | 3427 W. End Ave, Trevose, PA 19053
Recently Funded
Omniverse Property Group, LLC
Property Type: 2 Unit
Development Phase:
Full Renovation
Rate
7.99%
Loan to cost
90%
Loan to ARV
75%
Total Loan Amount
$150,000.00
Initial loan amount
$126,000.00
Rehab/Const Loan amount
$30,000.00
Transaction type
Bridge
Loan program
Fix/Flip LIne of Credit
Doc Type
Full
Amortization
Interest Only
Investment Summary
Is going to get a major Renovation starting with removing old flooring throughout the household and fixtures. On the exterior of the home there will be window
replacement, roofing repairs, siding repairs and general maintenance to through the entire exterior to protect investment from the elements. Also, there will be a
complete landscape package completed in the front, back and side yards of the property. Moving to the interior of the house, we will be installing a half bathroom
on the first floor of the A-side unit. There will be restoration to the existing cabinets and countertop in the existing kitchen that are both in excellent condition.
Also, the kitchen will receive a vinyl snap-lock moisture friendly floor system. Kitchen will also be receiving a new refrigerator and new fixtures for proper
lighting. We will be converting the common room which gives access to both the A and B units to a new kitchenette and laundry room area where each tenant may
have privacy in their own personal spaces. New washers and dryer's for each unit will be provided along with additional refrigerator for unit B. The entire property
will be prepped correctly and painted with two coats of white wall paint and trims to receive semigloss white paint. Ceramic tile will be installed in laundry areas
and also in the kitchenette area. Switches and outlets on the property will be switched out and new switches and outlets will be installed with new cover plates
throughout. HVAC system will be serviced and new filters put in place along with register covers. For the rest of the property there will be new carpet installed in
the living room, dining room, bedrooms and entry places. New girder will be installed across the entire basement and will be cleaned and broom swept for
convenience of storage. All contractors and subcontractors will be licensed and insured in the county and state of the work being performed. After completion of
renovation, a representative from Omniverse Property Group, LLC will be walking the property and inspecting the renovation to make sure that workmanship was
done following our detailed work scope and at the time of completion and passing all locality inspections two background vetted tenants (families) will be taking
responsibilities of fulfilling financial and general well keeping of property in question as per the terms outlined in the longterm lease agreements provided…
Fix/Flip LOC Draw | 88 Potterstown Raod, Lebanaon, NJ 08833
Recently Funded
Next Generation Property Group LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
8.49%
Loan to cost
90.3%
Loan to ARV
70.08%
Total Loan Amount
$322,293.00
Initial loan amount
$242,910.00
Rehab/Const Loan amount
$83,562.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Streamline
Amortization
Interest Only
Investment Summary
New Kitchen, 3 baths, paint, finish floors, new HVAC, new siding
Fix/Flip LOC Draw | 1047 Jaques Ave, Rahway, NJ 07065
Recently Funded
Candor Homes LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
8.49%
Loan to cost
90%
Loan to ARV
46.76%
Total Loan Amount
$112,225.00
Initial loan amount
$57,600.00
Rehab/Const Loan amount
$57,500.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Streamline
Amortization
Interest Only
Investment Summary
2 baths gutted and redone. Roof over kitchen to be replaced. Kitchen to be completely gutted and redone. Windows to be replaced as needed. Basement to be gutted and inside oil tank removed. Home to be converted to gas heat with new boiler installed. Hardwood floors to be refinished. Entire interior to be painted. New light fixtures to be installed.
Fix/Flip LOC Draw | 85 Montrose Ave, Fanwood, NJ 07023
Recently Funded
R. Iaione Companies Inc
Property Type: Single Family
Development Phase:
Full Renovation
Rate
8.49%
Loan to cost
86.25%
Loan to ARV
40.59%
Total Loan Amount
$310,500.00
Initial loan amount
$310,500.00
Rehab/Const Loan amount
$274,853.00
Transaction type
Bridge
Loan program
Fix/Flip LIne of Credit
Doc Type
Full
Amortization
Interest Only
Investment Summary
Existing home will be gutted and rebuilt according to all latest buildingcodes and standards, including the additions of a master bedroom and family room. Plans will be submitted to twsp for approvals and all required permits will be acquired before the commencement of any work. All work will be inspected by twsp inspectors, as per the prevailing International building codes and standards and a Certificate of Occupancy will be acquired upon completion of construction.
Fix/Flip LOC Draw | 2825 Bullion Ct, Riverbank, CA 95367
Recently Funded
Royal Market Home Solutions, LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
8.99%
Loan to cost
78.1%
Loan to ARV
70%
Total Loan Amount
$301,000.00
Initial loan amount
$301,000.00
Rehab/Const Loan amount
$15,900.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Full
Amortization
Interest Only
Investment Summary
Simple - New flooring and all new paing
Fix/Flip LOC Draw | 1403 Ascent Trail, Huntsville, AL 35816
Recently Funded
Next Generation Property Group LLC
Property Type: 3-4 Unit
Development Phase:
Full Renovation
Rate
8.49%
Loan to cost
84.9%
Loan to ARV
75%
Total Loan Amount
$112,500.00
Initial loan amount
$112,500.00
Rehab/Const Loan amount
$23,725.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Streamline
Amortization
Fully Amortized
Investment Summary
Paint, carpeting, countertops, cabinets & flooring
Cash Out Refinance | 58-60 Finlay Pl, Newark, NJ 07112
Recently Funded
Network Rentals LLC
Property Type: 2 Unit
Development Phase:
Repositioning
Rate
7%
Loan to cost
169.92%
Loan to ARV
75%
Total Loan Amount
$108,750.00
Initial loan amount
$108,750.00
Rehab/Const Loan amount
$0.00
Transaction type
Cash Out Refinance
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
Conversion to permanent 30 year fixed rate financing
Cash Out Refinance | 13 N 5th Street, Newark, NJ 07107
Recently Funded
Network Rentals LLC
Property Type: 2 Unit
Development Phase:
Repositioning
Rate
7%
Loan to cost
235.88%
Loan to ARV
75%
Total Loan Amount
$146,250.00
Initial loan amount
$146,250.00
Rehab/Const Loan amount
$0.00
Transaction type
Cash Out Refinance
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
Conversion to permanent 30 year fixed rate financing
Cash Out Refinance | 78 Wakeman Ave, Newark, NJ 07104
Recently Funded
78 Wakeman Associates LLC
Property Type: 2 Unit
Development Phase:
Repositioning
Rate
6.63%
Loan to cost
106.38%
Loan to ARV
75%
Total Loan Amount
$150,000.00
Initial loan amount
$150,000.00
Rehab/Const Loan amount
$0.00
Transaction type
Cash Out Refinance
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
Conversion to permanent 30 year fixed rate financing
Fix/Flip LOC Draw | 690 West Front St, Red Bank, NJ 07701
Recently Funded
Golden Rule Property Solutions, LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
9.99%
Loan to cost
80%
Loan to ARV
64.51%
Total Loan Amount
$406,411.00
Initial loan amount
$272,000.00
Rehab/Const Loan amount
$158,130.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Full
Amortization
Interest Only
Investment Summary
This 4 bed/ 2.5 bath Colonlal resides on 1.3 acres and was built Jn 1971. While structurally sound, the home Is need of complete updating. Beginning wlht the
exterior of the house, we will Install all new siding, new windows, new roof, gutters, fascia and sofflt. We will also be adding a porch to the front of the house,
paver patio Jn the back and full landscaping of the property.
We will be replacing the septfc system of the home and have received an estimate for $23K to do this work. There Js a pool an the property, which we Intend to
fill in as ft in disrepair. Lasty, there is an o/I tank on the property that Wiii be removed, as we Wiii be converting the heat to natural gas, Sall has been tested and
no contamination was found. We have purchased a guarantee/Insurance In the off chance It should have leaked.
In the Interior of the home, we wlll be fnstall!ng new kitchen, new master bath, new full and half bath. We will be replaclng all lnterlor and exterior doors and
lrght fixtures, In addition, the hard woor floors on the main level wJll need to be replaced, whlle the floors upstairs wfll be refinished. New 1-lVAC units and
updating electrical and new electrical fixtures, We will be finishing the basement and painting the entire Interior of the house.
AU of the aformentloned work wlll be done by licensed sub contractors.
Fix/Flip LOC Draw | 157 Bermuda Lakes Dr, Meridianville, AL 35759
Recently Funded
KWS Holdings LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
7.99%
Loan to cost
90%
Loan to ARV
72.06%
Total Loan Amount
$100,880.00
Initial loan amount
$85,680.00
Rehab/Const Loan amount
$16,000.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Streamline
Amortization
Interest Only
Investment Summary
Unit will be repainted, new carpet, new hardwood floors, new appliances, tile backsplash, new countertops and landscaping
Cash Out Refinance | 4351 SW 24th Street, West Park, FL 33023
Recently Funded
Daniel Vargo LLC
Property Type: 3-4 Unit
Development Phase:
Repositioning
Rate
6.75%
Loan to cost
73.78%
Loan to ARV
69.99%
Total Loan Amount
$231,700.00
Initial loan amount
$231,700.00
Rehab/Const Loan amount
$0.00
Transaction type
Cash Out Refinance
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
Refinance with cash out. Conversion to permanent 30 year fixed rate financing
Fix/Flip LOC Draw | 231 N 19th Street, East Orange, NJ 07017
Recently Funded
Home Investors Network LLC
Property Type: 3-4 Unit
Development Phase:
Full Renovation
Rate
7.63%
Loan to cost
112.5%
Loan to ARV
75%
Total Loan Amount
$112,500.00
Initial loan amount
$112,500.00
Rehab/Const Loan amount
$0.00
Transaction type
Cash Out Refinance
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
Rehab
Fix/Flip LOC Draw | 619 Freeland Ave, Paramus, NJ 07652
Recently Funded
Green Door Investments LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
7.99%
Loan to cost
90%
Loan to ARV
59.8%
Total Loan Amount
$687,750.00
Initial loan amount
$360,000.00
Rehab/Const Loan amount
$345,000.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Full
Amortization
Fully Amortized
Investment Summary
The existing structure will be demoed leaving one existing wall. The new foundation will be dug and poured. A new structure of approx 3,116 square fuilt will be framed , sheathed and sided. A new roof will be installed .New windows and doors to be installed. New kitchens, baths will be completed including tile and fixture credits. New hardwood floors to be installed with interior doors and trim. Entire structure to be painted and cleaned for delivery.
Fix/Flip LOC Draw | 906 McCandless St, Linden, NJ 07036
Recently Funded
Candor Homes LLC
Property Type: 2 Unit
Development Phase:
Full Renovation
Rate
8.49%
Loan to cost
90%
Loan to ARV
70%
Total Loan Amount
$210,000.00
Initial loan amount
$153,000.00
Rehab/Const Loan amount
$60,000.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Streamline
Amortization
Interest Only
Investment Summary
Full Rehab
Fix/Flip LOC Draw | 56 Hazelwood Ave, Rahway, NJ 07065
Recently Funded
Candor Homes LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
8.49%
Loan to cost
90%
Loan to ARV
69.83%
Total Loan Amount
$209,500.00
Initial loan amount
$162,000.00
Rehab/Const Loan amount
$50,000.00
Transaction type
Bridge
Loan program
Fix/Flip LIne of Credit
Doc Type
Full
Amortization
Fully Amortized
Investment Summary
redo kitchen and bathrooms, install carpet, paint all interior of home, clean gutters, repair plumbing and electric as needed, paint garage, replace windows as needed.
Fix/Flip LOC Draw | 6 Lincoln Place, Moonachie, NJ 07074
Recently Funded
Inest Property Solutions LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
7.49%
Loan to cost
90%
Loan to ARV
62.81%
Total Loan Amount
$251,250.00
Initial loan amount
$180,000.00
Rehab/Const Loan amount
$75,000.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Streamline
Amortization
Interest Only
Investment Summary
Complete Interior renovation. New Roof. New Sidings.
30 Year Fixed Rental Purchase | 1809 Windover PL SW, Decatur, AL 35603
Recently Funded
1809 Windover Place LLC
Property Type: 3-4 Unit
Development Phase:
Repositioning
Rate
6.38%
Loan to cost
80%
Loan to ARV
80%
Total Loan Amount
$110,400.00
Initial loan amount
$110,400.00
Rehab/Const Loan amount
$0.00
Transaction type
Purchase
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
Conversion to permanent financing with cash out.
Fix/Flip LOC Draw | 214 Pandolfi Ave, Secaucus, NJ 07094
Recently Funded
Inest Property Solutions LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
7.49%
Loan to cost
90%
Loan to ARV
65.58%
Total Loan Amount
$485,290.00
Initial loan amount
$365,400.00
Rehab/Const Loan amount
$126,200.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Streamline
Amortization
Interest Only
Investment Summary
Add back dormer and extend kitchen space to add square footage, interior update
Purchase and Rehab | 2710 Pilgrims Point Drive, Webster, TX 77598
Recently Funded
Jona Meyer
Property Type: Single Family
Development Phase:
Full Renovation
Rate
8.49%
Loan to cost
90.02%
Loan to ARV
69.25%
Total Loan Amount
$108,716.00
Initial loan amount
$74,270.00
Rehab/Const Loan amount
$36,280.00
Transaction type
Bridge
Loan program
Fix/Flip LIne of Credit
Doc Type
Full
Amortization
Interest Only
Investment Summary
Renovate, repair slab, roof, flooring, AC, walls and applicances
Fix/Flip LOC Draw | 28 Vista Lane, New Providence, NJ 07974
Recently Funded
Inest Property Solutions LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
7.49%
Loan to cost
90%
Loan to ARV
68.14%
Total Loan Amount
$357,740.00
Initial loan amount
$301,500.00
Rehab/Const Loan amount
$59,200.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Full
Amortization
Interest Only
Investment Summary
Add a bathroom to make this a 4 bedrooms 2 fullbath home. Move the front door and rearrange the kitchen layout. Update kitchen and existing
bathroom. install new wood floors, replace carpet and repaint the entire house. Power wash exterior and repaint wood sidings. Cut down 1 large tree and
shrubs and do landscaping for curb appeal. Repave driveway.
Fix/Flip LOC Draw | 3822 Cobb Road, Huntsville, AL 35805
Recently Funded
KWS Holdings LLC
Property Type: 3-4 Unit
Development Phase:
Full Renovation
Rate
7.99%
Loan to cost
90.34%
Loan to ARV
75%
Total Loan Amount
$119,250.00
Initial loan amount
$119,250.00
Rehab/Const Loan amount
$25,000.00
Transaction type
Bridge
Loan program
Fix/Flip LIne of Credit
Doc Type
Full
Amortization
Interest Only
Investment Summary
Exterior will be powerwashed and paintd, landscaping, all 4 units will be renovated with new floors and appliances, bathrooms, counters, backsplash and vanities
Fix/Flip LOC Draw | 115 Rainwood Drive, Huntsville, AL 35824
Recently Funded
KWS Holdings LLC
Property Type: Single Family
Development Phase:
Full Renovation
Rate
7.99%
Loan to cost
87.01%
Loan to ARV
75%
Total Loan Amount
$210,000.00
Initial loan amount
$191,000.00
Rehab/Const Loan amount
$20,000.00
Transaction type
Purchase and Rehabilitation
Loan program
1 Year Fixed
Doc Type
ALT Doc
Amortization
Interest Only
Investment Summary
The enrtire interior will be prepped and painted. All exterior trim and porch will be repainted. Tile will be installed on the porch floor and ceiling fan will be installed. New appliances will be installed. Garage floor will be painted. Sinks, counters and mirrors will be replaced in master bathroom. All mirrors in all bathrooms will be replaced. Under counter lighting will be installed. Trees will be installed in back of house along house line. Lot next to front door will be nicely landscaped with bushes and plants.
Cash Out Refinance | 1330 Route 71 9D, Belmar, NJ 07719
Recently Funded
Mega Homes, LLC
Property Type: High Rise Condominium
Development Phase:
Repositioning
Rate
6.38%
Loan to cost
98.43%
Loan to ARV
70%
Total Loan Amount
$126,000.00
Initial loan amount
$126,000.00
Rehab/Const Loan amount
$0.00
Transaction type
Cash Out Refinance
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
Conversion to permanent financing with cash out
Fix/Flip LOC Draw | 1402 Ascent Trail, Huntsville, AL 35816
Recently Funded
1402 AscentTrail LLC
Property Type: 3-4 Unit
Development Phase:
Full Renovation
Rate
6.5%
Loan to cost
80%
Loan to ARV
80%
Total Loan Amount
$112,000.00
Initial loan amount
$112,000.00
Rehab/Const Loan amount
$0.00
Transaction type
Purchase
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
Rehab
Fix/Flip LOC Draw | 2211 Jonathan Drive NW, Huntsville, AL 35810
Recently Funded
2211 Jonathan Drive LLC
Property Type: 3-4 Unit
Development Phase:
Full Renovation
Rate
6.5%
Loan to cost
80%
Loan to ARV
80%
Total Loan Amount
$94,000.00
Initial loan amount
$94,000.00
Rehab/Const Loan amount
$0.00
Transaction type
Purchase
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
Fix/Flip
Fix/Flip LOC Draw | 1502 Medland Rd NW, Huntsville, AL 35816
Recently Funded
1502 Medland Road LLC
Property Type: 3-4 Unit
Development Phase:
Full Renovation
Rate
6.5%
Loan to cost
80%
Loan to ARV
79.75%
Total Loan Amount
$127,600.00
Initial loan amount
$127,600.00
Rehab/Const Loan amount
$0.00
Transaction type
Purchase
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
Rehab
Fix/Flip LOC Draw | 4418 Bonnell Drive, Huntsville, AL 35816
Recently Funded
4418 Bonnell Dr LLC
Property Type: 3-4 Unit
Development Phase:
Full Renovation
Rate
6.5%
Loan to cost
80%
Loan to ARV
77.33%
Total Loan Amount
$127,600.00
Initial loan amount
$127,600.00
Rehab/Const Loan amount
$0.00
Transaction type
Purchase
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
Rehab