Fix and Flip Hard Money Loan for SFR in Escondido, California

Funded by SD Equity Partners, Inc.

$388,000

Deal Details

Private Loan Type

Residential Fix and Flip

Approx. Funding Date

01/25/2018

Property Type
Single Family Residence
Property City

Escondido

Property State

CA

Lien Type

1st Mortgage

Payment Type

Interest Only

Loan-to-Purchase Price

100%

Borrower's Contribution to Budget

100%

Deal Highlights

We funded 100% of the purchase price.

Deal Summary

SD Equity Partners, a hard money lender that specializes in fix and flip loans, funded a $388,000 1st lien position fix and flip hard money loan for a single-family home in Escondido, 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