Fix & Flip Loan for SFR
Minnow Loan, a hard money lender based in Missouri, funded a $226,000 1st lien position fix and flip loan for a single-family home in Maryland Heights, MO. We funded 95% of the $182,000 purchase price, while the Borrower contributed 5% cash at closing. The renovation budget was $54,000 which we fully funded. The after-repair value […]