VIP Closing Spotlight
Levine Capital proudly announces the successful closing of a $1,302,814 Fix and Flip loan for a VIP borrower on a condo conversion project at 121 Sherman Place, Jersey City, NJ.
This deal highlights our expertise in creative real estate financing, providing a 90/100 structure — 90% of the purchase price funded upfront and 100% of the rehab budget held in reserve — giving our borrower maximum leverage and liquidity to execute the project efficiently.
As a $LEVINECAP Token holder, the borrower also earned an appraisal rebate and reduced lender fees, demonstrating how Levine Capital continues to reward loyal investors within our growing ecosystem.
About the Area – 121 Sherman Place, Jersey City
Nestled in the sought-after Jersey City Heights, Sherman Place combines old-world architecture with modern urban convenience. The neighborhood is known for its tree-lined streets, charming brownstones, and proximity to Hoboken, Downtown Jersey City, and the Journal Square PATH Station — offering quick access to Manhattan while maintaining a neighborhood feel.
The area’s steady appreciation, cultural vibrancy, and commuter-friendly location make it a prime spot for condo conversions and small multi-unit projects — exactly the type of investment Levine Capital loves to support.
Deal Overview
| Category | Details |
|---|---|
| Property Address | 121 Sherman Place, Jersey City, NJ |
| Loan Amount | $1,302,814 |
| Loan Type | Fix and Flip (1–4 Unit) |
| Initial Draw | $684,000 (90% of $760,000 purchase) |
| Holdback | $618,814 (100% of rehab budget) |
| Interest Rate | 10.99% |
| Loan Term | 12 Months |
| Purpose | Purchase & Rehab |
| Points | 1.25 Total (0 Broker |
| ARV Leverage | 68.21% ARLTV |
| Interest Reserve | $11,931.60 |
| Closing Counsel | Michele R. Messina P.C. |
The $LEVINECAP Token Advantage
This borrower leveraged the $LEVINECAP Token to qualify for an appraisal rebate and preferred pricing — part of our innovative, blockchain-based rewards system that benefits loyal community members.
Token Holder Benefits Include:
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💰 Appraisal rebates on qualifying loans
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⚡ Reduced lender fees and preferred pricing
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🔑 Early access to exclusive Gator and SubTo programs
Claim your $LEVINECAP Token to unlock benefits on your next deal.
Experts in Morby Method & EMD Loans
Levine Capital is recognized nationwide as an authority in creative finance, specializing in the Morby Method (Stack Method) — a hybrid approach combining SubTo, seller finance, private, and gap funding strategies to help investors acquire and scale properties with minimal capital.
We’re also the go-to lender for Earnest Money Deposit (EMD) Loans, enabling investors to lock up contracts fast and stay competitive without tying up their own funds.
Whether it’s Fix & Flip, Gap Funding, Transactional, or EMD, we deliver flexible, fast, and relationship-driven lending built around your investment goals.
Preferred Lender for SubTo, Gator, Owners Club, ChatGPT, and PaceGPT Communities
Levine Capital is honored to be the preferred lender for members of the SubTo, Gator, Owners Club, ChatGPT, and PaceGPT communities — serving creative investors nationwide who value integrity, speed, and innovation.
As pioneers in combining AI technology, tokenized rewards, and community-driven lending, we bridge the gap between traditional finance and the future of real estate investing.
When creative investors need a lender who truly understands how to structure deals the Morby way, they turn to Levine Capital.
Ready to Fund Your Next Deal?
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💎 Get the $LEVINECAP Token for exclusive borrower rewards
Levine Capital – Creative Finance. Community Trust. Tokenized Rewards.
Preferred lender for SubTo, Gator, Owners Club, ChatGPT, and PaceGPT communities.
Experts in Morby Method Financing, Fix & Flip, Gap Funding, and EMD Loans nationwide.
