Loan Strategy:
Bridge

Location:
51 Meadow St, Demarest, NJ 07627, USA

11%32%12 mo.
RateLTVTerm

    Rate Detail

    • York Mortgage Rate: 11%
    • Management Fee: 2%
    • Net Investor Rate: 9%

    Investment Overview

    • Originator: York Funding LLC
    • Lien Type: First Mortgage
    • Repayment Type: Interest only
    • Origination Date: 03/01/18
    • Maturity Date: 03/01/20

    Investment Purpose & Strategy

    • Loan Purpose: Acquisition & Construction
    • Loan Strategy: Bridge
    • Property Purchase Price: $ 625,000
    • Construction Budget: $ 395,000

    LTV Details

    • Market Value: $ 1,900,000
    • Loan to Value: 32%

    View on map / Neighborhood

    Description

    This property is fully funded

    2019-11-20T16:24:51-05:00