1,300 SQ FT Single Family Home – Rehab Loan
Property Location: Birmingham, AL Property: Value: 80,000 Loan Amount: $35,000 Interest Rate: 12% Term: 2 Years The borrower purchased and started renovation out of pocket. After being worked over by another lender, we were able to offer a rehab loan to help them finish the renovation. They plan to rent this home out, so we gave …