Transaction Details

Fix/Flip LOC Draw, NJ


Fix/Flip LOC Draw | 21 Richard Ct, River Edge, NJ 07661
Recently Funded

Inest Property Solutions LLC


Property Type: Single Family

Development Phase:

Full Renovation

Rate
7.49%
Loan to cost
90%
Loan to ARV
65.67%
Total Loan Amount
$492,550.00
Initial loan amount
$316,800.00
Rehab/Const Loan amount
$185,000.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Streamline
Amortization
Interest Only
Investment Summary
Extension to existence one story single family home. This 2 bedrooms 1.5 baths will be expanded and renovated into a 5 bedrooms 4 full bath. Complete gut rehab/Interior renovation. (see plans attached). New electrical, plumbing and HVAC systems
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