77% LTV Hard Money Fix and Flip Financing in Garden Grove

,
77% LTV Hard Money Fix and Flip Financing in Garden Grove

A Los Angeles real estate investor leveraged the purchase of this Garden Grove fixer upper with a 77% LTV hard money fix and flip financing loan from First Capital Trust Deeds.

This is a straight forward 77% LTV hard money fix and flip financing loan where the experienced house flipper came in with 23% down plus closing costs and would pay for the the rehab costs out of pocket.  As a friend of mine used to say, “It’s not rocket surgery.”

 Fix and Flip Financing Terms:

  • $289,000 Loan Amount (77% LTV)
  • 11.00% Interest-Only
  • $2,649/Monthly Payment
  • 12-Month Term
  • No Prepayment Penalty
Do you have a similar financing scenario?
Inquire about your financing options with FCTD.