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Deal Details
Private Loan Type
Purchase
Approx. Funding Date
01/01/2019
Property Type
Single Family Residence
Property City
La Habra
Property State
CA
Lien Type
1st Mortgage
Payment Type
Interest Only
Renovation Budget
$35,000
After-Repair Value
$360,000
Deal Summary
ARCH Loans, a private lender, funded a $235,000 1st lien position bridge loan for the acquisition of a single-family home in La Habra, California. The rehab amount was $35,000 and the after-repair value was $360,000. This SFR bridge loan was funded in January 2019.
Funded By
Arch Loans
Low and High Leverage Options, up to 90% of purchase price for fix & flip