A Funded Flip in Magnolia, TX!
Borrower is a highly experienced repeat investor under contract to acquire the subject property located in Magnolia, TX for $340K with intentions of spending $243,517 on renovations before listing the property to hold/refinance. Subject is an SFR and appraised for $479K As-Is and ARV of $723K evidences a ROI for borrower of 21.78%. Sponsor with …