3,200 SQ FT Multi-Unit Purchase

Property Locations: Auburn & Norway, Maine

Combined Property Value: $122,000

Loan Amount: $78,000

Loan Term: 24 Months

Interest Rate: 12%

Closed In: 2 Weeks

This client came to us for funds to complete the purchase of this Multi-Unit and pledged his free and clear SFR as collateral. He plans to sell both properties once renovations are completed, and pay us off.