Deal Details
Private Loan Type
Residential Fix and Flip
Approx. Funding Date
06/15/2016
Property Type
Single Family Residence
Property City
Alexandria
Property State
VA
Lien Type
1st Mortgage
Payment Type
Interest Only
Deal Summary
Adler Private Lending, a direct lender for DC and Northern Virginia, funded a $840,000 1st lien position hard money loan for a single-family home fix and flip project in Alexandria, VA. Our loan-to-value was 68%. The loan term was set at 12 months. This SFR fix and flip loan was funded in June 2016.