Stormfield Funded a $590,000 Fix and Flip Loan in Chatham, MA

Stormfield Capital funded a $590,000 fix and flip loan to support the acquisition and renovation of a single-family investment property in Chatham, Massachusetts, on Cape Cod. The highly experienced real estate investor acquired the property from a bank REO portfolio at a $463,050 purchase price and planned a $125,000 renovation scope targeting an $825,000 ARV. The loan was structured at 69% LTV. The sponsor’s demonstrated track record across multiple completed projects, the property’s location in a sought-after Cape Cod vacation market, and strong comparable sales supporting the projected ARV supported the lending decision.