Transaction Details

Fix/Flip LOC Draw, NJ


Fix/Flip LOC Draw | 272 1/2 Summer Avenue, Newark, NJ 07104
Recently Funded

Angelo Durante


Property Type: 2 Unit

Development Phase:

Full Renovation

Rate
9.49%
Loan to cost
90%
Loan to ARV
74.01%
Total Loan Amount
$155,430.00
Initial loan amount
$148,500.00
Rehab/Const Loan amount
$7,700.00
Transaction type
Purchase and Rehabilitation
Loan program
30 Year Fixed
Doc Type
Debt Coverage Ratio
Amortization
Interest Only
Investment Summary
Plumbing in basement, exterior light fixture, both shower floors, fix ceiling leak, repair wood stairs, repair rear door threshold
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