Novice Investor’s Fix and Flip in Austin, TX:
Easy Street Capital recently approved a Fix and Flip loan with a loan amount of $535,500 for an up-and-coming novice investor. This budding entrepreneur embarked on their first real estate venture in the vibrant market of Austin, TX. The loan is structured with an 81% Loan-to-Cost (LTC), including $165,079 designated for construction funding. The Loan-to-Value (LTV) is set at 70%, with an initial funding of $370,421. Easy Street Capital is excited to support this budding investor as they pursue their exit strategy to sell the property, taking their first steps in the dynamic world of real estate investment in Austin, TX.
- Property Type : SFR
- Loan Type : Rehab Loan
- State : Tennessee
- City : Franklin
- Funded Amount : $486,500