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Deal Details
Private Loan Type
Residential Fix and Flip
Approx. Funding Date
07/23/2019
Property Type
Single Family Residence
Property City
Campbell
Property State
CA
Lien Type
1st Mortgage
Payment Type
Interest Only
Renovation Budget
$200,000
Exit Strategy
Sale
Deal Summary
First Bridge Lending, a direct private lender, funded a $752,500 1st lien position private money fix and flip loan for a single-family home in Campbell, CA. The Borrower is a long-time client of FBL. They will spend $200,000 in rehab. Once the property is completed they will list it for $1.5MM. This SFR private money fix and flip loan was funded in July 2019
Funded By
First Bridge Lending
Direct Lender for California Real Estate Investors | No Appraisal Required