2,200 SQ FT SFR – Purchase Loan

Cash-Out Refi

Property Location: Bridgeport, MI

Property As-is Value: $64,000

Loan Amount: $45,000

Interest Rate: 12%

Term: 12 Months

Closed In: 2 Weeks

Borrower brought $20,000 cash to the deal on this purchase. Borrower plans to fix and flip the property and sell it within 12 months.