Fix and Flip loan for SFR in Kannapolis, North Carolina

Funded by Old North Capital Fund

$145,000

Deal Details

Private Loan Type

Residential Fix and Flip

Approx. Funding Date

10/05/2018

Property Type
Single Family Residence
Property City

Kannapolis

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 $145,000 1st lien position fix and flip loan for a single-family home in Kannapolis, North Carolina. Kannapolis is just north of Charlotte. This SFR fix and flip loan was funded in October 2018.

Funded By

Old North Capital Fund

Bridge, Fix & Flip, Construction Loans for North Carolina Investors