Project Description

New Port Richey, Fl

WLW Capital (“WLW”) provided a commercial Fix n Flip loan to an experienced borrower. Borrower purchased a 2 bed, 2 bath condo unit in New Port Richey, Florida at Chateau Village Condo. The borrower plans to renovate within and sell condo for a profit within 6 months to 1 year. The borrower has recently completed a successful project within the same association.

Loan Amount: $61,500
Loan To Value:  75%
Term: 1 Year
Type:  Fix and Flip Residential