One of our consistent BFG borrowers requested a $379K loan to cash out and refinance a residential property in Brooklyn, NY. After building rapport for the last couple of years, our client trusted our fast, efficient and informative process to get their loan funded in just 5 DAYS! This client has had over 10 projects in just the past 3 years, including fix & flips, ground up construction and rental holds.

The Property

  • Located in Brooklyn, NY
  • Single Family Residence
  • 3 Bedrooms, 3 bathrooms

The Loan

  • Loan Type: Fix & Flip
  • Loan Amount: $379,000
  • LTC: 90%
  • Interest Rate: 8%
  • Length of Loan: 6 months
  • Exit Strategy: Sell

After Renovations