Loan Type: Rehab loan
Location/Street Address, City, State: Sandy, Utah
Original Purchase Price: $145,000
Amount Borrower Spent on Rehab: $15,000
Final Sales Price: $219,000
Interest Rate: 10.5%
Located close to the ski resorts yet close to Salt Lake City, UT, the subject property is in a highly sought-after location.
Using a hard money loan from Private Money Utah for the purchase of this rehab property, an experienced, Utah real
estate investor was able to transform this home and make a nice profit!