Transaction Details

Fix/Flip LOC Draw, NJ


Fix/Flip LOC Draw | 80 South 13th Street, Newark, NJ 07103
Recently Funded

Northstar Investors, LLC


Property Type: 3 unit building

Development Phase:

Full Renovation

Rate
8.49%
Loan to cost
96.9%
Loan to ARV
73.68%
Total Loan Amount
$228,400.00
Initial loan amount
$213,200.00
Rehab/Const Loan amount
$16,000.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Debt Coverage Ratio
Amortization
Interest Only
Investment Summary
Paint and repair sheetrock front and back hallways Drywall waterproof and seal basement Structural repair and replace support beams in the basement Structural repair the mortar on the bricks around the exterior foundation
Top