Loans to
Fix and Flip
Location: Concord, CA
Funded: $850,000
Private Loan Type: Fix and Flip
Deal Highlights:
Deal Summary:
An off-market sale opportunity presented itself for an experienced Fix and Flip borrower we work with regularly. We needed to move quickly to secure funding, and get the deal closed in 10 days. We assessed the property and comps in the neighborhood to determine our max loan amount, and got the loan closed in less than a week. The rehab work was completed within 60 days, the property was staged, and our borrower was able to sell the property above the asking price.
Deal Details:
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