Investment amount: $300,000
Purchased: $1,700,000
Renovation: $290,000
Exited through owner financing
Paid off on Jun 27, 2023
Loan Type: Fix to Flip (2nd Lien)
Investment Amount: $300,000
Loan-to-Cost: 15% ($1.7M Purchase + $290K Rehab)
Start Date: Dec 15, 2022
Paid off: Jun 27, 2023
Term: 6 months