$459,000 Fix & Flip Loan - 10% Interest - Ticonderoga, NY

[Bobby Feinman]

VERY Experienced Investor that has done several F&F's in the area and also owns 5 rental properties that he purchased and rehabbed.

This Property is set to close in the 1st or 2nd week of June. Prior owner was rehabbing the property and passed away unexpectedly. Purchase price is $318,000 and the rehab budget is $200,000.

Initial funding at closing is $254,400 towards purchase with borrower putting down $63,600 (20% of purchase). $200,000 rehab budget will be held back and funded on work completed in draws after property inspections.

CCF will stay involved after closing and handle all inspection and draw requests for Buyer.

Coastal Capital Funding is a Nationwide Private Lender located in VA Beach, VA. Call or email me for more information!