Single Family Home in Jamesburg, NJ

In January, 2015, Yield Crowd funded a $100,000 hard money loan for a single family home fix & flip project in Jamesburg, NJ. The purchase price was $61250. The Borrower plans to complete the rehab and flip back onto the market for $220000, so the loan-to-value is 62.5%. The loan term is 1 year. The loan was made to a seasoned borrower who has closed multiple loans from YC Funding or one of its affiliates.

Leave a Reply

Your email address will not be published. Required fields are marked *