Loan Strategy: Bridge
Location: 414 1st St, Jersey City, NJ 07302, USA
10.5% 62% 12 mo.
Rate LTV Term
  • Property ID: 1387
  • Post Updated: 2019-11-22 09:40:59

Rate Detail

  • York Mortgage Rate: 10.5%
  • Management Fee: 2%
  • Net Investor Rate: 8.5%

Investment Overview

  • Originator: York Funding LLC
  • Lien Type: First Mortgage
  • Repayment Type: Interest only
  • Origination Date: 08/04/17
  • Maturity Date: 02/04/20

Investment Purpose & Strategy

  • Loan Purpose: Acquisition & Construction
  • Loan Strategy: Bridge
  • Property Purchase Price: $ 976,550
  • Construction Budget: $ 1,212,500

LTV Details

  • Market Value: $ 3,400,000
  • Loan to Value: 62%

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Description

This style property is located in Jersey City is currently and has been listed on York Funding LLC. This property is listed at . It has bedrooms, bathrooms, and is . The property was built in year.
2019-11-22T09:40:59-05:00