Sometimes a fix and flip is more work than simply updating the aesthetic appeal to a home. Sometimes, like in the case with this recently funded loan, a complete overhaul is needed. This borrower created a whole new floor plan for this home in Scottsdale, as well as update features so as to provide a wonderful home for buyers soon. Our borrower will be sure to turn a nice profit on this home, rewarding them for all their hard work.
- Loan Amount: $624,000
- Rate: 12%
- Term: 12 months
- Loan Type: Construction loan
- Asset Type: Residential