Transaction Details

Fix/Flip LOC Draw, NJ


Fix/Flip LOC Draw | 16 Wagner Pl, Irvington, NJ 07111
Recently Funded

S L MURRAY ASSOCIATES LLC


Property Type: Single Family

Development Phase:

Full Renovation

Rate
8.99%
Loan to cost
87.5%
Loan to ARV
70.93%
Total Loan Amount
$139,735.00
Initial loan amount
$70,000.00
Rehab/Const Loan amount
$71,300.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Full
Amortization
Interest Only
Investment Summary
There are two bathrooms to be renovated. One is making a half-bath to a full bathroom and the second floor bathroom is being completely gutted. The kithchen is going to be inlarged moving the radiator from that wall and opening up the pantry permits may be needed. Kitchen is a gut an opening up part of the wall for counter top space and cabinet underneath.
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