Stormfield Funded a $715,000 Fix and Flip Loan in Nissequogue, NY

Stormfield Capital funded a $715,000 fix and flip loan to support the acquisition and light renovation of a single-family investment property in Nissequogue, New York. The sponsor contributed approximately 30% equity at closing, resulting in conservative loan sizing relative to the property’s value. The 12-month facility incorporated $50,000 in reserves to support the renovation scope. The loan was structured at 65% LTV against a $1,102,500 underwritten value, reflecting the strong equity cushion built into the transaction. The sponsor’s substantial down payment and the light-touch renovation scope supported a conservative, well-collateralized lending decision.