LOAN ID: 2022LA136
PROPERTY DETAILS
ADDRESS
136 Eugene Street, Baton Rouge, LA 70806
Purchase Price
$135,000
As-Is Value (AIV)
$135,000
Rehab Budget
$76,000
Exit Value (ARV)
$270,000
LOan Details
Total Loan Amount
$211,000
Investor Yield (Annualized)
12%%
Loan Type
Rehab
Loan Exit
Sell Property
Funding Date
10/31/2022
Loan Length (Months)
6
Loan-To-Value (LTV) or Loan-To-Cost (LTC)
100%
Loan-To-After Repair Value (LTARV)
78.15%
Borrower Details
# of Similar Completed Project in Past 3 Years
20
Primary Guarantor FICO Score
730
Borrower Bio & Background
A very experienced, full-time real estate investor with a portfolio of single family, and 2-4 units that have been renovated and are stabilized. He also invests into larger multifamily properties with a small group of other real estate investors. He has a popular real estate podcast and is a frequent speaker at real estate education seminars and conferences. Aloha has financed many (20+) of his rehab and stabilized rental properties in the past.
Property Image (BEFORE REMODEL)
Google Street View
https://goo.gl/maps/kmN5N5RgZEuJS4kGA
