Fix & Flip – Metairie, LA

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Note Size: $262,500
>$100K Remaining Maturing < 90 Days


Note ID

1,482 SqFt







A quick rehab on a property that will cash flow as a rental property and provide profit if sold upon completion. This project is in a neighborhood our repeat client has successfully invested into over his investing career.  


Address: 4115 G St Metairie Jefferson LA
  • Country: United States
  • Province / State: Louisiana
  • Postal code / ZIP: 70001
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  • Note ID 2023LA4115
  • Price Note Size: $262,500
  • Property Type Single Family
  • Property status >$100K Remaining, Maturing < 90 Days
  • Bedrooms 3
  • Bathrooms 2
  • Year Built 1963
  • Size 1,482 SqFt
  • Land area 5,662 SqFt
  • Label Partial Note
  • Note Type Fix & Flip
  • Whole Note - Annual Yield (%) 12%
  • Whole Note - Monthly Yield ($) $2,625.00
  • Participation - Annual Yield (%) 11.5%
  • Loan Maturity Date (MM/DD/YY) 11/08/23
  • Property Current Value ($) $230,000
  • Property Construction Budget ($) $40,000
  • Property After Repair Value ($) $350,000
  • Loan to Current Value (%) 100%
  • Loan to After Repair Value (%) 75%
  • Property Rent Estimate ($) $2,800.00
  • Invest - Participation Agreement

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Sponsor & Guarantor

Sterling C

Sterling is a very experienced, full-time real estate investor with a portfolio of single family, and 2-4 units that have been renovated and are stabilized. He also invests into larger multifamily properties with a small group of other real estate investors. He has a popular real estate podcast and is a frequent speaker at real estate education seminars and conferences. Aloha has financed many (20+) of his rehab and stabilized rental properties in the past.
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