• Loan Amount * $200,000
  • Rate * 8.5% 
  • ReProp’s Value * $600,000
  • Term * 24 Months, Interest Only
  • Lien Position * First

Our borrower needed capital for a fix and flip he was involved in with a partner. We made him a business purpose loan secured by his primary residence. He will pay the loan off when he and his partner sell the investment property.

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