Transaction Details

Fix/Flip LOC Draw, NJ


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.
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