Transaction Details

Fix/Flip LOC Draw, NJ


Fix/Flip LOC Draw | 22 Dacotah Ave, Oakland, NJ 07436
Recently Funded

GMS Property Investments LLC


Property Type: Single Family

Development Phase:

Full Renovation

Rate
10.9%
Loan to cost
62.89%
Loan to ARV
69.76%
Total Loan Amount
$286,000.00
Initial loan amount
$161,000.00
Rehab/Const Loan amount
$125,000.00
Transaction type
Purchase and Rehabilitation
Loan program
1 Year Fixed
Doc Type
Full
Amortization
Interest Only
Investment Summary
Adding 500sq ft to home. 1st floor will have kitchen, dining room, large living room, 2 good size bedrooms, and a full bath. 2nd floor mater suite with walk in closet and Jacuzzi, stand up shower and 3 add. bedrooms with a full bath. Basement will be finished with 1/2 bath.
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