Fix/Flip Line of Credit Draw in Red Bank, NJ
Transaction Overview
Property Details
| Beds | 4 | Baths. | 2.1 | Square Ft. | GLA 2984 |
| Water | Public | Rooms | 9 | Sewer/ Septic | Septic |
| Fuel | Gas | Year Built | 1971 | Heating | FWA, Central Air Conditioning |
| Parking | 2ga 4dw | Purchase Price | $340,000 | Loan Amount | $406,411 |
| % of Purchase Financed | 80% | % of Construction Financed | 95% | Investment Objective | Fix/Flip to Retail |
| Loan Product | Fix/Flip Line of Credit | % of After Repair Value Financed | 70% | Interest Rate | 9.99% |
| Property Type | Single Family |