Fix and Flip - Allen Park, MI

Location: Allen Park, MI.
Borrower Profile: Repeat Client and Experienced Flipper.
Work Description: Fix and Flip.
Purchase Price: $110,000.
Loan Amount: $85,000.
Loan Structure: 6 Months, No Payments Required During Loan Term.
Situation: We funded 80% of the purchase and borrower brought the other 20% and rehab funds. Should be back on the market in 60 days.