Fix & Flip Loan for Multifamily Residence in Saint Louis, MO

Funded by Park Place Finance

$300,400

Deal Details

Private Loan Type

Residential Fix and Flip

Approx. Funding Date

06/21/2023

Property Type
Multifamily
Property City

Saint Louis

Property State

MN

Loan Term (months)

12

Lien Type

1st Trust Deed

Payment Type

Interest Only

Purchase Price

$249,900

Loan-to-Purchase Price

69.95%

Renovation Budget

$125,600

Renovation Budget Funded

100%

After-Repair Value

$490,000

Loan-to-After-Repair Value

61.31%

Location Type

Suburban

Funded By

Park Place Finance

Nationwide Direct Private Lender for Residential Real Estate Investors