June Fix & Flip Loan Project Highlights | LYNK Capital Hard Money Lenders

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June Fix & Flip Loan Project Highlights

Posted on July 03, 2018

Our borrowers take hard money and hard work and turn them into huge profits! We are so proud of the work our flippers do, we want to showcase a few closed fix and flip loans. These are all single-family rehab projects that closed in June by taking advantage of our online pre-approval process and our quick and flexible closings.

June Fix & Flip Loan Project Highlights | LYNK Capital Hard Money Lenders

Single-Family Fix & Flip Loan #1

Middleburg, FL

The borrower will use loan funds to renovate a single-family residence in a suburban neighborhood. The property was acquired for $90,000. The borrower will complete approximately $30,250 of renovations, at which time the property is expected to be worth $181,000. This is the borrower’s second deal with LYNK.

Note Amount:  $110,630   |   LTV at Completion:  61.1%   |   Expected Net:  $60,750


 

Single-Family Fix & Flip Loan #2June Fix & Flip Loan Project Highlights | LYNK Capital Hard Money Lenders

Portsmouth, VA

The borrower will use loan funds to renovate a single-family residence in a suburban neighborhood. The property was acquired for $115,000. The borrower will complete approximately $13,800 of renovations, at which time the property is expected to be worth $207,000.

Note Amount:  $117,300   |   LTV at Completion:  56.7%   |   Expected Net:  $78,200


 

Have a deal like one of these? Contact our team of advisors today! →


 

Single-Family Fix & Flip Loan #3June Fix & Flip Loan Project Highlights | LYNK Capital Hard Money Lenders

Fernandina, FL

The borrower will use loan funds to renovate an ocean-front condominium unit. The property was acquired for $659,000. The borrower will complete approximately $95,000 of renovations, at which time the property is expected to be worth $950,000.

Note Amount:  $651,000   |   LTV at Completion:  75.0%   |   Expected Net:  $196,000

 

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