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Crescent Lenders Funds

$345K Fix and Flip Purchase Loan

Covina, Los Angeles

About The Deal

The borrower acquired a 1,410 sq. ft. 2-bedroom, 2-bathroom home on a 9,400 sq. ft. lot in Covina, California for $525,000.

Due to multiple offers the buyer had to go over the asking price.

Over the past two years, Crescent Lenders has provided the borrower with numerous private money loans for the purchase of six separate properties.

The subject property will be a light remodel and then resold for a profit.

The borrower put down 35% of the purchase price and Crescent Lenders supplied the remainder of the funds to complete the transaction.

Single-Family Property in Covina
Amount
$345,000
Location
Covina, Los Angeles
Rate
9.3%
LTV
65.0%
Term
12 months
Type
Fix and Flip
Residential
Single-Family Home
Exit Strategy
Sell the property

Looking for a Fix and Flip Loan Near Covina?

Crescent Lenders is a top rated private money lending company providing loans around The Los Angeles area.

We have been providing loans to commercial, residential and industrial California real estate investors for over a decade.

Whether you need a 1031 exchange loan for a North Hollywood multi-family apartment complex or an inheritance loan for a residence in Montebello, whatever your circumstances, Crescent Lenders is ready to help.

Checkout our fix and flip loans California page for more information.

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Email
info@crescentlenders.com
Phone
213-474-3131
Send Us A Message
We Can Deliver Rapid Financing
Between $200k and $5 million dollars
Nationwide private lender (not a broker, avoid the extra fees)
Funding loans such as purchase, refinance, rehab, probate, 1031 exchanges, cash-out
All types of investment properties considered, residential, commercial and industrial
Crescent Lenders

Suite #116, 999 Overland Ave

Los Angeles, California

90064

Disclaimer: Crescent Lenders, DBA CrescentLenders.com ("CL") is a California licensed broker under California Bureau of Real Estate License No. #01792267. Regardless of this license, CL considers itself a “finder” for purposes of applicable laws and regulations (California Business & Professions Code § 10130, et. seq.).