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Loan Request for Residential loan in Morovis, PR, 00687

Request #3718377 by Lender

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3/13/2025 2:51:13 AM
Morovis, PR, 00687, USA Show Map
Residential
$400,000
$230,000
57.5 %
650-659
$500,000 - $1,000,000
Property Purchase
The purpose is to buy this property for $145,000, spend 80,000 fixing it up, and then reselling it for around $400,000. We have bought, sold, and rented many properties successfully, and currently own 9 properties.

Although the fix-and-flip is in Puerto Rico, we may pledge additional properties we own in the USA for a blanket loan, with the possibility of using equity in additional properties in the USA.

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