Fix/Flip Line of Credit Draw in Huntsville, AL
Transaction Overview
Property Details
| Beds | 8 | Baths. | 4 | Square Ft. | 13,400 |
| Water | Public | Rooms | 16 | Sewer/ Septic | Public |
| Fuel | Elect | Year Built | 1980 | Heating | FWA, Central Air Conditioning |
| Parking | OnSite, Driveway | Purchase Price | $133,000 | Loan Amount | $112,500 |
| % of Purchase Financed | 85% | % of Construction Financed | 0% | Investment Objective | Fix/Flip to Retail |
| Loan Product | Fix/Flip Line of Credit | % of After Repair Value Financed | 75% | Interest Rate | 8.49% |
| Property Type | 4 Unit |