Hollywood SFR Fix & Flip

 In RECENT TRANSACTIONS

Hollywood

Lone Oak Fund, LLC provided acquisition financing on a 2,200 square foot single family residence in Hollywood. The borrower, an experienced real estate investor, plans on renovating the 1960’s home and reselling it for profit.

Loan Amount:$582,000
Purchase Price:$895,500
Loan to Cost:65%
Interest Rate:8.30% interest only
Term:12 months
Origination Fee:2.0 points
Broker Commission:$8,730

 

 

 

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