Transaction Details

Fix/Flip LOC Draw, NJ


Fix/Flip LOC Draw | 854 E. 24th Street, Patterson, NJ 07513
Recently Funded

GMS Property Investments LLC


Property Type: Single Family

Development Phase:

Full Renovation

Rate
10.25%
Loan to cost
85%
Loan to ARV
57.24%
Total Loan Amount
$134,521.00
Initial loan amount
$89,250.00
Rehab/Const Loan amount
$53,261.00
Transaction type
Purchase and Rehabilitation
Loan program
1 Year Fixed
Doc Type
Streamline
Amortization
Interest Only
Investment Summary
Finish the basement with full bathroom addition. HVAC unit . Granite kitchen countertops with brand new stainless steel appliances and cabinets. Brand new hardwood floors. Add half bathroom on the first floor. Add the front porch to the living room 300-400SF addition.
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