Hard Money Loan for SFR Fix & Flip Project in Los Angeles, California

Funded by SD Equity Partners, Inc.

$430,000

Deal Details

Private Loan Type

Residential Fix and Flip

Approx. Funding Date

02/02/2018

Property Type
Single Family Residence
Property City

Los Angeles

Property State

CA

Lien Type

1st Mortgage

Payment Type

Interest Only

Exit Strategy

Sale

Deal Summary

SD Equity Partners, a hard money lender, funded a $430,000 1st lien position hard money loan for the acquisition of a single-family home fix and flip project in Los Angeles, California. 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 will be paid when the home is sold. This SFR hard money loan was funded in February 2018.

Funded By

SD Equity Partners, Inc.

100% Purchase Price Financing for Fix & Flip Projects | No monthly payments