REFINANCE W/ HOLDBACK IN DORCHESTER
ARV: $2,750,000
Loan Amount: $2,041,700
Are you tired of material costs changing and going up constantly? Are you in need of additional capital on your projects? Check out this condo conversion mid construction refi we just financed. This project located in Dorchester and is approximately 80% complete. We were able to pay off the current loan, enhance the budget and provide interest reserves! CCG financed this loan in less than a week with a loan amount of $2,041,700.00 and it will sell for $2,750,000.00 after renovations are complete! This product is one of our most popular, please call (617) 237-6201 for a fast quote!
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