Cetan Funds recently funded a fix and flip loan for the acquisition of a 1-acre residential parcel for a local developer. The developer plans to fix and flip the existing home and auxiliary dwelling. The rest of the lot will be partitioned into 5 separate lots for future development.
Loan Purpose
Fix and Flip Construction with Land Partition
Location
Loan Terms
$700,000 at 12% for 12 months
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