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.