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Equity Lending Solutions Provides $7M Bridge Loan For Fix And Flip Projects In Miami, FL

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FINANCED
$7,000,000

National

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Co-Op
Financed 12/11/2022
the dealplayerscompscontact
Property Image
FINANCED

Equity Lending Solutions Provides $7M Bridge Loan For Fix And Flip Projects In Miami, FL

Co-Op
Financed 12/11/2022
the dealplayerscompscontact
Contact now

Summary

Asset Type:Co-Op
Transaction Type:Loan

Players

Hector Castro
Hector Castro
11 deals$49.4M volume(305) 381-0153
BROKER
Equity Lending Solutions
Equity Lending Solutions
LENDER

Details

FINANCED
IMAGE: Hector Castro DATE: 12/11/2022 MARKET: Miami, FL ASSET TYPE: SFR LENDER: Equity Lending Solutions (@EquityLendingSolutions) BROKER: Hector Castro - Equity Lending Solutions LOAN AMOUNT: $7,000,000 LOAN TYPE: Bridge Loan LOAN TERMS: 18 months (Interest Only) NOTE FROM LENDER: Closing of 5 Properties / Fix and Flip Loan Program Equity Lending Solutions offers attractive loan products for developers and flippers. Contact us: +1 (305) 381-0153 - [email protected]

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$7,000,000.00

Monthly NOI$46,666.67
Monthly Debt Service$44,244.76
Change in Cash Flow$0.00
Refinance Proceeds$0.00