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Loan Amount
$487,500
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LTV
75%
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Term
12 Months
Transaction Overview
Stormfield Capital funded a $487,500 fix and flip loan secured by a single-family investment property in West Hartford, Connecticut. The repeat borrower, a locally based investor specializing in the West Hartford market with multiple completed flips, required financing to acquire and renovate a value-add single-family property with a dated cosmetic condition. The loan was structured at 75% LTV against a $650,000 ARV, on a $435,000 purchase price with a $100,000 rehab holdback. The sponsor’s demonstrated local market expertise, active investment track record, and the property’s location in a highly competitive Connecticut submarket supported the financing decision.