Fix and Flip Loan Funded – San Diego

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Property / Loan Information
Property Type SFR
Lien Position 1st TD
Loan Amount $549,600
After Repair Value $840,000
Est. Rent $2,429
Interest Rate 11.00%
LTV on ARV 65.42%
Loan Type Fix and Flip
Amortization 40 Year amort/due in 12 months
Guaranteed Interest 3 months

Mortgage Vintage, Inc. funds a $549,600 fix and flip loan in San Diego, CA