The borrower is purchasing a fix-n-flip investment property in Silverlake (Los Angeles) for 1.1M. Her plan is to evict the existing squatters, clean up the property, and remodel the 3 existing structures (650k fund control). The borrower recently did a fix-n-flip on a property located on the same street now listed for 2M 2113 Lemoyne St, Los Angeles, CA 90026 | MLS #22-215901 | Zillow. The seller will carryback 250k behind our loan and the borrower will be putting 150k down. Along with experience as a developer, the borrower also has excellent credit and a 6 figure bank balance and is an author and owner of other various businesses.