Estimated Closing Date: 5/10/2021
Property Address: Mallard St Las Vegas, NV 89107
Parcel Size: 2,556 sqft
Residential / Building Area: Charleston Heights, 1,873 sq foot 3 bed/ 2 bath
Year Built: 1960
Loan Amount: $212,500.00
Approximate Value: $250,000.00 – Per Purchase Contract
Loan to Value: 85% based on purchase price
Loan Term: 6 Months – 3 Months Guaranteed
Payments: Interest Only Payments
Property Zoning: Single Family Home
Exit Strategy: Sale in the next 6 months
Use of Funds: I’ve worked with this borrow over 10 years. He owns/ flips rental properties in the Las Vegas Valley. He has brought on a partner (Jason) to help with carry costs and repairs
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