DEALS

$1 Million Single Family Flip on Long Island

Deal: Purchase of a single family home
Cost: $930,000 for acquisition $250,000 for renovations
Loan: $1 million for acquisition and renovations (60% ARV)

$265,000 Three Unit Rental on Jersey Shore

Deal: Purchase and renovate to hold as a rental
Cost: $300,000 for acquisition $30,000 for renovations
Loan: $265,000 for purchase and renovations (65% ARV)

$442,000 for Two Family Home in the Bronx

Deal: Purchase and resell as is – no renovation needed
Cost: $550,000
Loan: $442,000 (81%)

$1 Million Single Family Flip on Long Island

Deal: Purchase of a single family home
Cost: $930,000 for acquisition $250,000 for renovations
Loan: $1 million for acquisition and renovations (60% ARV)

$600,000 Single Family “Flip” on Long Island

Deal: Purchase and renovation of a single family home
Cost: $710,000 for acquisition Borrower will renovate the property with his own funds
Loan: $600,000 for acquisition (85%)

$850,000 Commercial Refinance in Brooklyn

Deal: Refinance of a mixed used property with four apartments over one store
Loan: $850,000 (65% LTV)

$292,000 Single Family Fix and Flip on Long Island

Deal: Purchase and renovation of a single family home
Cost: $250,000 for acquisition $75,000 for renovation
Loan: $225,000 for acquisition (90%) $67,000 for renovation (90%)

$1 Million Multi-Family with Retail in Orange County

Deal: Purchase of 4 properties with apartments over stores.
Cost: $1,375,000 for acquisition $125,000 for renovations
Loan: $1 million for acquisition, renovation and reserves (57% ARV)
Structured to comply with 1031 Exchange requirements