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Deal Details
Private Loan Type
Residential Ground-Up Construction
Approx. Funding Date
08/01/2018
Property Type
Single Family Residence
Property City
Charlotte
Property State
NC
Lien Type
1st Mortgage
Payment Type
Interest Only
Deal Summary
Old North Capital Fund, an all-cash private money lender based in North Carolina, funded a $293,000 1st lien position ground-up construction loan for a single-family home in Charlotte, North Carolina. We financed the land and construction of this single-family home. This SFR ground-up construction loan was funded in August 2018.
Funded By
Old North Capital Fund
Bridge, Fix & Flip, Construction Loans for North Carolina Investors