Transaction Details

Fix/Filp LOC Draw, NJ


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.
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