Fix & Flip in Nashville, TN
Borrower acquired a historic bed and breakfast in Nashville’s dynamic and walkable 12 South neighborhood. The borrower took great care to respect the historic nature of the area and property while skillfully delivering a unique luxury home. The property was gut renovated with a three-level addition plus gunite pool. The borrower received 60%/100% and the loan was below 65% LTV. BD Capital assisted with a tight closing timeframe and overcame valuation hurdles because there were no obvious comparable sales.