Transaction Details

Cash out Refi, NJ


Cash out Refi | 2031 Mountain Ave, Scotch Plains, NJ 07076
Recently Funded

R-Iaione Companies, Inc.


Property Type: 2 Unit

Development Phase:

Repositioning

Rate
9.49%
Loan to cost
32.5%
Loan to ARV
32.5%
Total Loan Amount
$130,000.00
Initial loan amount
$130,000.00
Rehab/Const Loan amount
$0.00
Transaction type
Cash Out Refinance
Loan program
3 Year ARM
Doc Type
Stated / Stated
Amortization
Fully Amortized
Investment Summary
Cash out refinance on existing rental to fund construction on another project.
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