We had great fun watching this couple succeed on this flip. These borrowers do full-time missionary work here in the valley and also flip homes to support themselves (and give back to the community). So awesome! They did almost all of the work by themselves, creating a beautiful end-product. Had it not been for contracts falling out due to the buyer's inability to qualify for a loan, this home would have sold even faster than it did.
This couple makes a great team! We look forward to their next project.
Purchase Price: $140,700 Acquisition Loan Amount: $106,000 Loan Length(approximate): 4 months Total Interest Paid(approximate): $5,500 Estimated Construction Budget: $20,000 End Sale Price: $214,200
Location: 31st Avenue & Bell Road
Before Photo Click on photo to see more!
After Photo Click on photo to see more!
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We provide short-term, hard money loans for both residential and commercial properties, as well as construction reimbursement programs and other additional resources for investors and realtors. We move quickly and underwrite creatively in order to fit your needs.
