Rate Detail
- Mortgage Purchase Rate: 10%
- Management Fee: 1.5%
- Net Investor Rate: 7%
Investment Overview
- Originator: York Funding LLC
- Lien Type: Pledge Agreement
- Repayment Type: Interest only
Investment Purpose / Strategy
- Loan Purpose: Cash out and refinance
- Exit Strategy: Purchase and renovation
- Property Purchase Price: $ 510,000
- Construction Budget: $ 164,968
LTV Details
- Market Value: $ 680,000