Deal Details
Private Loan Type
Residential Fix and Flip
Approx. Funding Date
09/09/2020
Property Type
Property City
Nashville
Property State
TN
Lien Type
1st Mortgage
Payment Type
Interest Only
After-Repair Value
$625,000
Deal Summary
Navigator Private Capital, a private real estate lender, funded a $460,000 1st lien position fix and flip loan for a single-family residence in Nashville, TN. This beautiful single-family home in the bucolic West Meade community in Nashville has unlimited potential. Amenities abound with access to the West Meade Swim and Tennis Club and lots of woodsy privacy. Our Borrower plans to make significant upgrades to the home by updating the flooring throughout and completely remodeling the existing kitchen and bathrooms with high-end cabinetry and finishes. With plans to add another bedroom, this home will go from a 3BR beauty to a 4BR masterpiece just waiting for new owners to snap it up. With an ARV of $625,000, there is a lot of pent-up equity just waiting to be unlocked here. This SFR fix and flip loan was funded in September 2020.