Transaction Details

Fix/Flip LOC Draw, NJ


Fix/Flip LOC Draw | 299 Born Street, Secaucuas, NJ 07013
Recently Funded

Inest Property Solutions LLC


Property Type: Single Family

Development Phase:

Full Renovation

Rate
9.89%
Loan to cost
90%
Loan to ARV
62.35%
Total Loan Amount
$405,300.00
Initial loan amount
$355,500.00
Rehab/Const Loan amount
$60,000.00
Transaction type
Purchase and Rehabilitation
Loan program
1 Year Fixed
Doc Type
Streamline
Amortization
Interest Only
Investment Summary
Open wall between kitchen and dining room. Redesign kitchen to open floor plan layout and replace all kitchen cabinets and counter top. Update both bathrooms. Remove the illegal bedroom in the garage and relocate it to the room right off the Florida room. Thus, converting back the garage. Replace existing damaged deck. New coat of paint for the entire house. Resand and refinished hardwood floors.
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