• Steve Sinko

Loft Concept - Fix & Flip

Estimated Closing Date: 8/31/2020

Garden North Drive, Las Vegas, NV 89121

Unit Size: 2,093 sq ft 3 Bed, 2.5 Bath & 483 sq ft garage

Loan Amount: $165,000.00 – or $78 sq ft

Approximate Value $245,000.00

Loan to Value: 67% based on purchase price

Loan Term: 12 Months w/ 3 Months Guaranteed

Payments: Interest Only Payments

Property Zoning: Condo / Single Family Residential

Other useful information for the Investor: *REMODEL w/ COMMERCIAL LOFT FEEL* - Beautiful 3 bedroom 2.5 bath townhouse in Garden Park Town homes featuring community pool and 2 car garage. Borrower has already spent funds on new wiring, plumbing, walls and steel floating staircase. This Purchase transaction moves out the seller so the job can be completed.

Fix & Flip Borrowers repair estimate was $15,000.00


Value according to buyers as finished will be listed at $245,000.00


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