Seattle, WA | Hard Money Loan $620,125

by | Sep 11, 2020 | Seattle, WA

A complete rebuild of a 1941, 2 bedroom, 1 bathroom, 1,170 square foot home, this new construction will be perfect for a variety of uses: AFH, Student Housing, Families that need extra Bedrooms, Extended Families, and Air BNB. This property will potentially include:
  • Craft Room
  • Library
  • Exercise Room
  • Offices
  • Play Room
  • Guest Room
  • Theatre
Main House is 4,300 Sq Ft. and an additional Separate 300 Sq Ft Detached Additional House with kitchen and bath which can be rented for additional Income. Second kitchen is upstairs at the main house. Tremendous potential, funded by Intrust Funding.  
Loan Amount: $620,125
LTARV: 62.01%
Loan Term: 8 Months
Rehab Cost: $100,000
ARV:  $1,000,000
Year Built: 2020
Square Feet: 4,600
Bedrooms: 8
Bathrooms: 8

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