Recent Fundings

Real Investments. Real Results.

Single-Family Residence

Emerald Isle, NC

Loan Amount / $1,193,000
Rate / 7.750%

Purpose / Acquisition
LTV / 66.6%

$1,193,000 North Carolina DSCR Rental Loan for an Acquisition of a rental property in Emerald Isle. This brand-new three-story oceanfront short-term rental property boasts seven bedrooms, four and a half bathrooms, two garages, over 1,000 square feet of covered decks and porches, an in-ground pool, and breathtaking views of the Atlantic Ocean.

Single-Family Residence

Wilmington, NC

Loan Amount / $496,000
Rate / 7.375%

Purpose / Acquisition
LTV / 80.0%

$496,000 North Carolina DSCR Rental Loan for an Acquisition of a rental property in Wilmington. Sitting mere miles from the coast line, this property is situated perfectly amidst the area’s retail amenities, airport and beaches.

Fix and Flip

Austin, TX

Loan Amount / $374,000
LTC / 85%

Construction Funding / $80,750
LTV / 70%

Initial Funding / $293,250

Experienced borrower completing a full rehab in Austin, TX with an exit strategy to sell.

Multifamily

Pittsburgh, PA

Loan Amount / $825,500
Rate / 8.875%

Purpose / Cash-Out Refinance
LTV / 65.0%

$825,500 Pennsylvania DSCR Rental Loan for a Cash-Out Refinance of a rental property in Pittsburgh. This five unit multifamily property has been recently renovated. Four of the five units are being utilized as short term rentals.

Fix and Flip

Bonita, CA

Loan Amount / $901,800
LTC / 74%

Construction Funding / $180,800
LTV / 67%

Initial Funding / $721,000

Borrowers completing a cosmetic rehab in Bonita, CA.

Fix and Flip

Lawrenceville, GA

Loan Amount / $264,000
LTC / 80%

Construction Funding / $32,000
LTV / 68%

Initial Funding / $232,000

New borrower completing a cosmetic rehab in Lawrenceville, GA with an exit strategy to sell.

Fix and Flip

Plano, TX

Loan Amount / $236,000
LTC / 71%

Construction Funding / $0
LTV / 61%

Initial Funding / $236,000

Experienced borrower completing a cosmetic rehab in Plano, TX with an exit strategy to sell.

Single-Family Residence

Sevierville, TN

Loan Amount / $446,250
Rate / 8.250%

Purpose / Acquisition
LTV / 75.0%

$446,250 Tennessee DSCR Rental Loan for an Acquisition of a rental property in Sevierville. This STR faces the mountain view, offering a lovely sight for visitors. Being part of the Smoky Mountains, the property offers the perfect getaway location for anyone looking to take advantage of the scenery, along with the nearby trails, camp sites, museums, theme parks, among others.

Fix and Flip

Merrimac, MA

Loan Amount / $455,000
LTC / 80%

Construction Funding / $145,000
LTV / 70%

Initial Funding / $310,000

Novice borrower completing a full rehab in Merrimac, MA with an exit strategy to sell.

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