Transaction Details

Fix/Flip LOC Draw, NJ


Fix/Flip LOC Draw | 520 W Grand Ave, Rahway, NJ 07065
Recently Funded

CT Prime Real Estate, LLC


Property Type: Single Family

Development Phase:

Full Renovation

Rate
7.49%
Loan to cost
90%
Loan to ARV
75%
Total Loan Amount
$254,250.00
Initial loan amount
$195,300.00
Rehab/Const Loan amount
$77,900.00
Transaction type
Purchase and Rehabilitation
Loan program
Fix/Flip LIne of Credit
Doc Type
Streamline
Amortization
Interest Only
Investment Summary
Complete gut rehab/Interior renovation. Re-arrange layout on second level to create 3 bedrooms 1 bath. Remodel 1 bath and kitchen on first floor. New electrical, plumbing and HVAC systems. repair/paint siding/fascia/soffits, repair cracked foundation garage; repair wood deck/steps/rails; replace/paint rusted bilco door; add missing insulation; replace water damage ceiling tiles/framing/paneling/insulation/basement
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