Author: Doug Fath

Flipping Philly: Finding the Best Fix and Flip Lenders Philadelphia

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Here are some numbers that will surprise you… House flipping was at an 11-year high in 2017 (over 207,000 flips nationwide). And 35% of those flips were financed; that’s a nine-year high. The average gross flipping return on investment (ROI) last year was 49.8%, but, get this, Pennsylvania had four out of the top five … Continued

Real Estate Investing in Up and Coming Neighborhoods Philadelphia

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Buy low, sell high. Sounds simple enough, but where can you do that best in Philadelphia? Real estate investors have seen impressive double digit returns on their investments in now popular neighborhoods like Northern Liberties, Passyunk Square and Point Breeze, but there are fewer bargains available in those areas now. So what are the up … Continued

2XX Elm Ave Chesilhurst, NJ 08089

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Total amount funded: $117,200 Appraised value: $215,000 Loan To Value (LTV): 55% Collateral: 1st lien position against property Loan Terms: Interest Only for 6 Month Term Borrower is US Business entity along with a personal guarantee

6XX Francis Ave Chesilhurst, NJ 08089

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Total amount funded: $121,800 Appraised value: $228,000 Loan To Value (LTV): 53% Collateral: 1st lien position against property Loan Terms: Interest Only for 6 Month Term Borrower is US Business entity along with a personal guarantee

69XX Manti Street, Philadelphia PA 19128

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Total amount funded: $156,000 Appraised value: $305,000 Loan To Value (LTV): 51% Collateral: 1st lien position against property Loan Terms: Interest Only for 6 Month Term Borrower is US Business entity along with a personal guarantee

2XX Blue Anchor Road, Sicklerville NJ 08081

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Total amount funded: $80,000 Appraised value: $190,000 Loan To Value (LTV): 42% Collateral: 1st lien position against property Loan Terms: Interest Only for 6 Month Term Borrower is US Business entity along with a personal guarantee

5XX West Woodland Drive, Pottstown, PA 19464

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Total amount funded: $117,600 Appraised value: $218,000 Loan To Value (LTV): 54% Collateral: 1st lien position against property Loan Terms: Interest Only for 6 Month Term Borrower is US Business entity along with a personal guarantee

15XX N Hollywood Street, Philadelphia PA 19148

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Total amount funded: $125,000 Appraised value: $300,000 Loan To Value (LTV): 42% Collateral: 1st lien position against property Loan Terms: Interest Only for 6 Month Term Borrower is US Business entity along with a personal guarantee

61XX West Columbia Ave, Philadelphia PA 19151

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Total amount funded: $116,000 Appraised value: $254,000 Loan To Value (LTV): 45% Collateral: 1st lien position against property Loan Terms: Interest Only for 6 Month Term Borrower is US Business entity along with a personal guarantee

14XX Grays Ferry Avenue, Philadelphia, PA 19143

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Total amount funded: $155,000 Appraised value: $521,000 Loan To Value (LTV): 30% Collateral: 1st lien position against property Loan Terms: Interest Only for 6 Month Term Borrower is US Business entity along with a personal guarantee