Transaction Details

Fix/Flip LOC Draw, NJ


Fix/Flip LOC Draw | 219 Spring Street, Paterson, NJ 07503
Recently Funded

Northstar Investors, LLC


Property Type: 3 unit building

Development Phase:

Full Renovation

Rate
8.49%
Loan to cost
90%
Loan to ARV
65.01%
Total Loan Amount
$195,035.00
Initial loan amount
$171,000.00
Rehab/Const Loan amount
$25,300.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Debt Coverage Ratio
Amortization
Fully Amortized
Investment Summary
New kitchen floors, subfloors, counters in all three units
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