Fix and Flip Loan for SFR in Sag Harbor, New York

Funded by Carlyle Capital

$2,010,000

Deal Details

Private Loan Type

Residential Fix and Flip

Approx. Funding Date

04/01/2019

Property Type
Single Family Residence
Property City

Sag Harbor

Property State

NY

Lien Type

1st Mortgage

Payment Type

Interest Only

Deal Summary

Carlyle Capital, a private money lender, funded a $2,010,000 1st lien position fix and flip loan for a single-family home in Sag Harbor, New York. The Sponsors for this fix & flip project needed a quick close to purchase the property and proceed with heavy rehab to reap large profits at the time of selling their property when rehab is complete. This SFR fix and flip loan was funded in April 2019.

Funded By

Carlyle Capital

Reliable lending for residential, multifamily, and commercial projects.