Situation:

This fix and flip investor is starting with 3 bare-bones townhouses, which means he has a lot of work to do before the homes are ready to go on the market. However, our borrower is well prepared to take on the challenge: as an engineer, he understands what goes into a major project like this. When he is finished, the property will have a gas fireplace, marble bathroom vanities, and new hardwood floors. Additionally, the borrower has plenty of liquidity to deal with unforeseen issues so we are sure this will turn out to be a good deal. We can’t wait to see the final product!