Transaction Details

LOC Cash Out Draw, NJ


LOC Cash Out Draw | 17 Quenby Mountain Rd, Great Meadows, NJ 07838
Recently Funded

Ladlo Property Solutions


Property Type: Single Family

Development Phase:

Repositioning

Rate
7.49%
Loan to cost
69.2%
Loan to ARV
71.43%
Total Loan Amount
$200,000.00
Initial loan amount
$200,000.00
Rehab/Const Loan amount
$0.00
Transaction type
Cash Out Refinance
Loan program
Fix/Flip LIne of Credit
Doc Type
Full
Amortization
Interest Only
Investment Summary
Renovated property which had not sold yet. Borrower used LOC to cash out and fund another property acquisition in cash.
Top