• Loan Amount: * $70,000.00
• Rate: * 9.25%
• Appraisal Value: * $ 170,000.00
• Term: * 12 months, IO
• Lien Position: * First

Our Borrower is an experienced fix and flip real estate investor. Given the poor condition of the home, conventional financing was not available. Borrower will pay of the loan with the sale of the home.