Flipper feeling lucky?
Updated: Feb 15
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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