Washington, DC

$1,100,000

2-4 Units Residential

Residential Fix and Flip

10/15/2015
Transaction by
Adler Private Lending
Purchase Rehab Fix & Flip loan for 3-unit residential property. The purchase price was $550K, rehab costs were $600K. We funded 96% of the total costs, borrower put down just 4% cash. The ARV was $1.7M so the LTV was 65%.