Stormfield Funded a $162,600 Fix and Flip Loan in North Port, FL

Stormfield Capital funded a $162,600 fix and flip loan to support the fast-closing acquisition and cosmetic renovation of a distressed single-family investment property in North Port, Florida. The sponsor required quick-closing acquisition capital and planned a primarily cosmetic renovation scope prior to listing the property for sale. The loan was structured at 58% LTV, with the sponsor contributing over 25% equity at closing. The manageable renovation scope and meaningful equity contribution supported the lending decision.