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I was the buyer's realtor and loan officer on this Fix-and-Flip purchase. 3.6M purchase, 5M loan amount, 10% Interest-Only, 18 Months, ARV: 8M -9M
DSCR 2nd Cash-Out Loan. 12% Interest, 30-Yr Fixed, Borrower was able to keep the 1st Mortgage rate at 2.5%. Combined Interest Rate 6.5%.
Hard Money Cash-Out Loan. $500,000 1st TD, 45% LTV, 9% Interest-Only, 2-Yr, Investment rehab loan.
Commercial Loan Cash-Out, 4m Loan Amount, 55% LTV, 8.5% Interest, 30-Yr Fixed
