$224,000 Hard Money 80-10-10 Fix and Flip Financing

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$224,000 Hard Money 80-10-10 Fix and Flip Financing

First Capital Trust Deeds of Newport Beach provided two loans in the form of 80-10-10 hard money fix and flip financing split between two lenders that gave the investor higher leverage on the acquisition.

80-10-10 Hard Money Fix and Flip Financing Terms:

  • $224,000 First Mortgage
  • $28,000 Second Mortgage
  • 12-Month Term and no Prepayment Penalties for both loans
Do you have a similar financing scenario?
Inquire about your financing options with FCTD.