Use of loan: Fix and Flip
Term: 6 months
Loan amount: $159,000
Loan to value: 60%
Location: Point Breeze
An experienced house flipper found a great deal, needed to close in cash, and rehab the house on a tight timeline to beat the competition to market. Bluebird was able to close the loan in one week and provide the working capital to transform the house in 30 days.
