FL, Single-Family, Purchase, $395K, 0 FICO, 62% LTV
Posted on 8/18/2016 8:56:28 AM
Naples, FL - Asset based loan of $395,000 for acquisition of SFH in much sought after golf course development. 1st position. ARV LTV 62%. Contractor will fund $100,000 Renovation costs. Project period from acquisition to sale estimated at 6-8 months. Excellent investment opportunity to partner with experienced (20+ years) contractor in one of the countries premier real estate markets. More projects available.