INV Ref – PRX8436

12202 12202 TETZEL AVE

Updated Progress

03/12/25
The rehab project is moving forward, with the contractor now on board and actively working on the property. Currently, efforts are focused on obtaining the necessary permits to begin the rehab work. While there is no set timeframe for completion yet, the project will commence as soon as the permits are secured. At this point, there are no issues or delays other than waiting for the permits. The next significant step will be listing the property for sale, and if it does not sell within the anticipated time frame, the plan is to refinance. Photos will be shared once the rehab work begins.

SUPPORTING DOCUMENTS

BORROWERS APPRAISAL

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SIGNED JV & HHA

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SIGNED OA

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APPROVED LOAN DETAILS

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SIGNED PRELIM TERM SHEET

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SIGNED JV OA PN PG

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PRELIM TERM SHEET

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STATEMENT OF WORK

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SIGNED PRELIM TERM SHEET

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PRELIM TERM SHEET

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OPERATING AGREEMENT

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JV AGREEMENT

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HHA

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APPROVED LOAN DETAILS

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EXPERIENCE WORKSHEET

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APPRAISAL REPORT

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APPROVED LOAN DETAILS

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DEAL ANALYSIS CALCULATOR

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