Loan Strategy:
Bridge

Location:
423 Morris Ave, Elizabeth, NJ 07208, USA

12% 68% 12 mo.
Rate LTV Term

Rate Detail

  • York Mortgage Rate: 12%
  • Management Fee: 2%
  • Net Investor Rate: 10%

Investment Overview

  • Originator: York Funding LLC
  • Lien Type: First Mortgage
  • Repayment Type: Interest only
  • Origination Date: 09/14/17
  • Maturity Date: 03/24/20

Investment Purpose & Strategy

  • Loan Purpose: Acquisition
  • Loan Strategy: Bridge
  • Property Purchase Price: $ 600,000

LTV Details

  • Market Value: $ 700,000
  • Loan to Value: 68%

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Description

This property is fully funded

2019-12-16T11:49:48-05:00