{"id":6722,"date":"2020-12-18T08:15:27","date_gmt":"2020-12-18T08:15:27","guid":{"rendered":"https:\/\/pofo.themezaa.com\/?p=6722"},"modified":"2021-07-12T21:58:18","modified_gmt":"2021-07-12T21:58:18","slug":"fix-flip-brooklyn-property","status":"publish","type":"post","link":"http:\/\/www.illuminexdesigns.com\/brooklynfundinggroup\/fix-flip-brooklyn-property\/","title":{"rendered":"Fix &#038; Flip Brooklyn Property"},"content":{"rendered":"<section class=\"vc_row wpb_row vc_row-fluid  vc_custom_1507696989698\"><div class=\"wpb_column vc_column_container  col-xs-mobile-fullwidth text-center md-text-center sm-text-center\"><div class=\"vc_column-inner \"><div class=\"wpb_wrapper\"><div class=\"last-paragraph-no-margin\"><p><span style=\"font-weight: 400;\">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 <\/span><b>5 DAYS!<\/b><span style=\"font-weight: 400;\"> This client has had over 10 projects in just the past 3 years, including fix &amp; flips, ground up construction and rental holds.<\/span><\/p>\n<\/div><\/div><\/div><\/div><\/section><section class=\"vc_row wpb_row vc_row-fluid  vc_custom_1622570369774\"><div class=\"wpb_column vc_column_container vc_col-sm-6  col-xs-mobile-fullwidth\"><div class=\"vc_column-inner \"><div class=\"wpb_wrapper\"><h3 class=\"text-extra-large margin-25px-bottom bg-position-center-center display-inline-block alt-font dynamic-font-size text-capitalize heading-style3  heading-1\"  style=\"font-size: 14px; font-weight: 900; color: #000000;\" data-fontsize=\"14px\">The Property<\/h3><div class=\"last-paragraph-no-margin\"><ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Located in Brooklyn, NY<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Single Family Residence<\/span><\/li>\n<li>3 Bedrooms, 3 bathrooms<\/li>\n<\/ul>\n<\/div><\/div><\/div><\/div><div class=\"wpb_column vc_column_container vc_col-sm-6  col-xs-mobile-fullwidth\"><div class=\"vc_column-inner \"><div class=\"wpb_wrapper\"><h3 class=\"text-extra-large margin-25px-bottom bg-position-center-center display-inline-block alt-font dynamic-font-size text-capitalize heading-style3  heading-2\"  style=\"font-size: 14px; font-weight: 900; color: #000000;\" data-fontsize=\"14px\">The Loan<\/h3><div class=\"last-paragraph-no-margin\"><ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Loan Type: Fix &amp; Flip<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Loan Amount: $379,000<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">LTC: 90%<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Interest Rate: 8%<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Length of Loan: 6 months<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Exit Strategy: Sell<\/span><\/li>\n<\/ul>\n<\/div><\/div><\/div><\/div><\/section><section class=\"vc_row wpb_row vc_row-fluid  vc_custom_1622568701657\"><div class=\"wpb_column vc_column_container vc_col-sm-12  col-xs-mobile-fullwidth text-center md-text-center sm-text-center\"><div class=\"vc_column-inner  no-column-padding\"><div class=\"wpb_wrapper\">[vc_empty_space][vc_separator color=&#8221;custom&#8221; border_width=&#8221;4&#8243; el_width=&#8221;30&#8243; css=&#8221;.vc_custom_1622570445444{margin-bottom: 20px !important;}&#8221; accent_color=&#8221;#ebebeb&#8221;][vc_empty_space]<\/div><\/div><\/div><\/section><section class=\"vc_row wpb_row vc_row-fluid  vc_custom_1622568701657\"><div class=\"wpb_column vc_column_container vc_col-sm-12  col-xs-mobile-fullwidth text-center md-text-center sm-text-center\"><div class=\"vc_column-inner  no-column-padding\"><div class=\"wpb_wrapper\"><h3 class=\"text-medium-gray text-small margin-5px-bottom alt-font text-capitalize heading-style4  heading-3\"  style=\"font-size: 14px; line-height: 24px; font-weight: 900; color: #000000;\" data-fontsize=\"14px\" data-lineheight=\"24px\">After Renovations<\/h3><div  class=\"justified-gallery no-transition pofo-justified-gallery-1 justified-gallery lightbox-portfolio\" data-height=\"400\" data-spacing=\"10\" data-uniqueid=\"pofo-justified-gallery-1\"><a class=\"gallery-link\" href=\"http:\/\/www.illuminexdesigns.com\/brooklynfundinggroup\/wp-content\/uploads\/2017\/08\/85th-1.jpg\"><img src=\"http:\/\/www.illuminexdesigns.com\/brooklynfundinggroup\/wp-content\/uploads\/2017\/08\/85th-1-360x257.jpg\"  alt=\"\" width=\"360\" height=\"257\" sizes=\"(max-width: 360px) 100vw, 360px\" class=\"project-img-gallery\" data-no-retina=\"\" \/><\/a><a class=\"gallery-link\" href=\"http:\/\/www.illuminexdesigns.com\/brooklynfundinggroup\/wp-content\/uploads\/2017\/08\/85th-2.jpg\"><img src=\"http:\/\/www.illuminexdesigns.com\/brooklynfundinggroup\/wp-content\/uploads\/2017\/08\/85th-2-360x257.jpg\"  alt=\"\" width=\"360\" height=\"257\" sizes=\"(max-width: 360px) 100vw, 360px\" class=\"project-img-gallery\" data-no-retina=\"\" \/><\/a><\/div><\/div><\/div><\/div><\/section>\n","protected":false},"excerpt":{"rendered":"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 &amp; 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 &amp; Flip Loan Amount: $379,000 LTC: 90% Interest Rate: 8% Length of Loan: 6 months Exit Strategy: Sell [vc_empty_space][vc_separator color=\"custom\" border_width=\"4\" el_width=\"30\" css=\".vc_custom_1622570445444{margin-bottom: 20px !important;}\" accent_color=\"#ebebeb\"][vc_empty_space]After Renovations","protected":false},"author":1,"featured_media":23645,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/www.illuminexdesigns.com\/brooklynfundinggroup\/wp-json\/wp\/v2\/posts\/6722"}],"collection":[{"href":"http:\/\/www.illuminexdesigns.com\/brooklynfundinggroup\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.illuminexdesigns.com\/brooklynfundinggroup\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.illuminexdesigns.com\/brooklynfundinggroup\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.illuminexdesigns.com\/brooklynfundinggroup\/wp-json\/wp\/v2\/comments?post=6722"}],"version-history":[{"count":6,"href":"http:\/\/www.illuminexdesigns.com\/brooklynfundinggroup\/wp-json\/wp\/v2\/posts\/6722\/revisions"}],"predecessor-version":[{"id":23657,"href":"http:\/\/www.illuminexdesigns.com\/brooklynfundinggroup\/wp-json\/wp\/v2\/posts\/6722\/revisions\/23657"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.illuminexdesigns.com\/brooklynfundinggroup\/wp-json\/wp\/v2\/media\/23645"}],"wp:attachment":[{"href":"http:\/\/www.illuminexdesigns.com\/brooklynfundinggroup\/wp-json\/wp\/v2\/media?parent=6722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.illuminexdesigns.com\/brooklynfundinggroup\/wp-json\/wp\/v2\/categories?post=6722"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.illuminexdesigns.com\/brooklynfundinggroup\/wp-json\/wp\/v2\/tags?post=6722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}