Cash-Out Refinance / Flip
Days for Funding: 2 Day
2 Bedrooms / 1 Bathrooms; 1,500 Sq. Ft.
The borrower purchased this home at auction for all cash.
He is now conducting a cash-out refinance in order to deploy his funds into other investments.
The property is located in a quiet, well located neighborhood in Redwood City.
$80,000 will be invested into the property in order to renovated the house as well as add one bedroom and one bathroom.
Our borrower expects to obtain at least $1,200,000 as a re-sale price.