Information Générale

  • IR% : 11.5
  • CoC% : -
  • Minimum : 5k USD
  • Type de financiation : -
  • Type de bien : -
  • Investisseurs : 0
  • Date de lancement : 2018-04-10
  • Date de fin : 2018-04-10
  • Objectif : 180k USD
  • Complété : 100%

Information additionnelle

  • 4726 Main St
  • 06614
  • Stratford
  • CT
  • États-Unis

Fund That Flip closed the loan on this property on August 15th, 2016. Your investment will begin accruing interest on the day it clears escrow.

Fund That Flip will provide $94,150 to the developer at closing for an as-is loan-to-value of 75.3%. Fund That Flip is holding back $5,850 for 3 months of pre-paid interest.

Over the course of the project, the developer will contribute an estimated $63,650 in equity, including an estimated $36,100 at the time of closing. The total loan-to-ARV is 64.3%.

There is a 3 month pre-payment penalty, meaning investors will earn interest through November 15th 2016, even if paid back earlier. The term of the underlying loan is 6 months with an option to extend for an additional 3 months. Should Fund That Flip chose to grant the extension, investors will earn an additional one-time .5% fee on their investment.

Projet proposé par

Fund That Flip

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