Purchase Price: $240,000
Renovation Amount: $70,000
After Repair Value: $480,000
Total Loan Amount: $336,000
This property was found by a local real estate agent on the MLS. She saw the potential in this beautiful property and was able to take it to the next level with her design skills and great eye! The project took two months, and the borrower was receiving rehab money from Entrust Capital Funding throughout the whole process. The property was put on the market after completion and it was sold almost immediately. Entrust Capital Funding has assisted her with multiple different projects since.
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