• Loan Amount: * $70,000.00
  • Rate: * 11.00%
  • Appraisal Value: * $120,000
  • Term: * 12 months, IO
  • Lien Position: * First

Our Borrower was in contract to purchase an investment property. Borrower needed a quick close and will pay off the loan thru vacation rental cash flow or refinancing conventionally after certain repairs and updates are made.

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