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Deal Details
Private Loan Type
Residential Rehab
Approx. Funding Date
06/25/2024
Property Type
Property City
Brooklyn Park
Property State
MD
Loan Term (months)
6
Lien Type
1st Mortgage
Payment Type
Interest Only
Number of Units
2
Deal Summary
Property Flip Loan Funds $167,755 Renovation Loan for Multi-Unit Conversion in Brooklyn Park, MD
Property Flip Loan recently funded a $167,755 renovation loan for a property in Brooklyn Park, Maryland. The project involves a complete transformation of the property into two separate rentable units, led by an experienced investor with a strong track record in successful renovations. The extensive rehab includes a full renovation down to the studs, ensuring all aspects of the property are updated to meet modern standards. The project aims to maximize rental potential while delivering high-quality finishes throughout each unit.
Funded By
Property Flip Loan
Maryland's Direct Private Lender for Residential and Multi-Family Investments