Fix & Flip Loan for Single Family Residence in Huntington, WV

Funded by Park Place Finance

$228,750

Deal Details

Private Loan Type

Residential Fix and Flip

Approx. Funding Date

12/13/2023

Property Type
Single Family Residence
Property City

Huntington

Property State

WV

Loan Term (months)

12

Location Type

Urban

Borrower's Plan

Rehab and Sell

Exit Strategy

Sale

Deal Highlights

Avid investor, building up towns across the US. Currently working in Huntington, WV
Heavy rehab; Exit strategy is to sell for a profit and move to a new project

Deal Summary

Park Place Finance, a direct private real estate lender, funded a $228,750 1st lien position fix and flip loan for a single-family home in Huntington, WV. The Borrower will be performing a cosmetic overhaul on the entire property and intends to sell the property upon completion. The Borrower is an experienced investor who has completed 20+ projects over the past few years. The loan terms were our standard 12-month term loan with interest-only payments and no prepayment. This fix and flip loan was funded in December 2023.

Funded By

Park Place Finance

Nationwide Direct Private Lender for Residential Real Estate Investors

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  • PLL has personally met with this company
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Dealmakers

Noah Hooks

Account Executive

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