Refinance Bridge Loan for SFR in Charlotte, NC

Funded by Lima One Capital

$1,950,000

Deal Details

Private Loan Type

Residential Fix and Flip

Approx. Funding Date

02/10/2024

Property Type
Single Family Residence
Property City

Charlotte

Property State

NC

Loan Term (months)

13

Lien Type

1st Mortgage

Payment Type

Interest Only

Renovation Budget

$734,000

After-Repair Value

$3,000,000

Loan-to-After-Repair Value

65%

Property Neighborhood

Charlotte Country Club

Location Type

Urban

Borrower's Plan

Rehab and Sell

Deal Highlights

Cash-Out Refinance Mid-Rehab

Funded By

Lima One Capital

The Nation's Premier Lender for Real Estate Investors