Location:
Old Thompsonville Rd, Thompson, NY 12701, USA

11% 20% 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: 06/11/18
  • Maturity Date: 12/11/19

Investment Purpose & Strategy

  • Loan Purpose: Refinanance
  • Loan Strategy: Bridge
  • Property Purchase Price: $ 125,000
  • Construction Budget: $ 891,500

LTV Details

  • Market Value: $ 1,800,000
  • Loan to Value: 20%

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Description

This property is fully funded

2019-12-05T15:52:45-05:00