1,800 SQ FT Single Family Residence – Purchase Loan

Purchase

Property Location: Wilton, ME

Property Value: $162,000

Loan Amount: $55,000

Interest Rate: 12%

Term: 18 Months

Closed In: 3 Weeks

Borrower brought cash to closing to settle the HUD on this purchase of a fix-and-flip property, borrower is experienced with selling homes in this area and hopes to get it sold quickly.