Recently Funded Fix and Flip in Los Angeles: $353,624, 1st TD, 80% LTV on Purchase Price + 80% of Rehab Cost, 9.00% Lender Rate

Real estate investor and long-time general contractor was seeking a business purpose purchase loan to Fix & Flip this SFR in Los Angeles.  The loan of choice for this scenario was the “MVI 80/80” fix & flip loan where we provide 80% of the purchase price and 80% of the rehab cost all on one…