Transaction Details

Fix/Flip LOC Draw, MI


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.
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