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Deal Details
Private Loan Type
Residential Fix and Flip
Approx. Funding Date
01/16/2018
Property Type
Single Family Residence
Property City
San Diego
Property State
CA
Lien Type
1st Mortgage
Payment Type
Interest Only
Loan-to-Purchase Price
100%
Borrower's Contribution to Budget
100%
Deal Summary
SD Equity Partners, a hard money lender that specializes in fix and flip loans, funded a $395,850 1st lien position fix and flip loan for a single-family home in Oceanside, CA. Our hard money loan was 100% of the purchase price, and the Borrower funded the rehab costs. They didn’t make any monthly payments. The interest was paid when the home was sold. This SFR fix and flip hard money loan was funded in January 2018.
Funded By
SD Equity Partners, Inc.
100% Purchase Price Financing for Fix & Flip Projects | No monthly payments