Loan Strategy:
Bridge

Location:
NJ-33, Hamilton Township, NJ, USA

11% 40% 12 mo
Rate LTV Term

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: 10/04/18
  • Maturity Date: 04/04/20

Investment Purpose & Strategy

  • Loan Purpose: Acquisition & Renovation
  • Loan Strategy: Bridge
  • Property Purchase Price: $ 451,000
  • Rehab Budget: $ 150,500

LTV Details

  • Market Value: $ 680,000
  • Loan to Value: 40%

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Description

This Property is Fully Funded

2019-11-17T13:39:42-05:00