Transaction Details

Fix/Flip LOC Draw, NJ


Fix/Flip LOC Draw | 138 Fairview Avenue, Bogota, NJ 07603
Recently Funded

Red Door Investments, LLC


Property Type: Single Family

Development Phase:

Full Renovation

Rate
9.9%
Loan to cost
86.21%
Loan to ARV
70%
Total Loan Amount
$245,000.00
Initial loan amount
$172,420.00
Rehab/Const Loan amount
$80,645.00
Transaction type
Purchase and Rehabilitation
Loan program
1 Year Fixed
Doc Type
Streamline
Amortization
Interest Only
Investment Summary
We will be adding a master suite bath, where a walking closet currently is. Demo and rehab 3 existing baths and kitchen. Replace existing HVAC hardware but maintain existing air duct. Recessed lights Kitchen, living room and master suite. Everything else is cosmetic, hardwood floors to be refinished all walls painted.
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