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Writer's pictureStephen Sinko

Flipper feeling lucky?

Updated: Feb 15, 2023

Property Address: Four Leaf Clover Las Vegas, Nevada 89122

Residential / Building Area: 2 Bedroom & 2 Full Bathrooms, 1,101 sq ft – Single Family Home - No HOA

Loan Amount: $90,000.00

Borrowers Estimated Value: $330,000.00 - $350,000.00

Purchase Price: $127,829.00 – CASH

Loan to Value: 70% of Purchase Price

Note Rate: 12.00%

Loan Term: 12 months – 3 months guaranteed

Payments: Interest Only


Use of Funds: Refi – Replenish reserves during Rehab.

Exit Strategy: This is a CASH Out Refi. Refinance Investment Property – HELOCK being considered. Sale is a option too.




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