Stormfield Funded an $825,000 Fix and Flip Loan in Stamford, CT

Stormfield Capital funded an $825,000 fix and flip loan to support the acquisition of a long-term bank-owned single-family investment property in Stamford, Connecticut, purchased via foreclosure auction. The property was occupied at the time of closing, with renovation scope to be confirmed following tenant transition. Despite limited pre-closing access to the interior, Stormfield was able to underwrite and fund the transaction based on the sponsor’s extensive local market experience, including multiple completed fix-and-flip projects and an active rental portfolio in the Stamford area. The loan was structured at 54% LTV against a $1.5M ARV, providing substantial collateral protection.