Transaction Details

Fix/Flip LOC Draw, NJ


Fix/Flip LOC Draw | 36 Ramapo Mounty Dr., Wanaque, NJ 07465
Recently Funded

16 Westminister LLC


Property Type: Single Family

Development Phase:

Full Renovation

Rate
8.99%
Loan to cost
85%
Loan to ARV
72.73%
Total Loan Amount
$363,630.00
Initial loan amount
$281,350.00
Rehab/Const Loan amount
$96,800.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Full
Amortization
Interest Only
Investment Summary
Remove mold from basement and refinish it again. Update bathrooms: Replace all fixtures and install tile on walls. kitchen: Inspect and repair cabinets. new countertop, new backsplash, new fridge, inspect and repair stove and dishwasher. floors: repair and/or reinstall where needed. install new floors in second floor. paint entire house. inspect and repair electrical. inspect and repair Plumbing. Inspect and repair HVAC. Landscaping.
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