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.