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All Fix and Flip Rental New Construction

Single-Family Residence

North Myrtle Beach, SC

Loan Amount / $1,120,000
Rate / 7.750%

Purpose / Acquisition
LTV / 80.0%

$1,120,000 South Carolina DSCR Rental Loan for an Acquisition of a rental property in North Myrtle Beach. This luxurious home offers a private heated pool with a spillover spa, elevator access to all floors, and stunning ocean views just a block from the Atlantic. Ideally located near North Myrtle Beach’s top attractions, it is set to operate as a short-term rental, making it a perfect vacation property.

Fix and Flip

Treasure Island, FL

Loan Amount / $555,976
LTC / 85%

Construction Funding / $85,076
LTV / 69%

Initial Funding / $470,900

Experienced borrower completing a cosmetic rehab in Treasure Island, FL with an exit strategy to sell.

PUD

Gallatin, TN

Loan Amount / $218,000
Rate / 5.625%

Purpose / Acquisition
LTV / 49.9%

$218,000 Tennessee DSCR Rental Loan for an Acquisition of a rental property in Gallatin. This newly-built, traditional-style home is located in the desirable Carellton subdivision with amenities like a playground and pool. It offers easy access to downtown Nashville and surrounding areas.

Single-Family Residence

Sutton, NH

Loan Amount / $647,250
Rate / 7.125%

Purpose / Acquisition
LTV / 69.2%

$647,250 New Hampshire DSCR Rental Loan for an Acquisition of a rental property in Sutton. This property offers a two-car detached garage with a finished second level, a basement game room, a wrap-around deck, and a hot tub. Its prime location provides easy access to New London’s town center, Mount Kearsarge State Forest for hiking, and Kezar Lake for outdoor activities like swimming, fishing, and kayaking.

Fix and Flip

Mauldin, SC

Loan Amount / $225,250
LTC / 85%

Construction Funding / $51,000
LTV / 69%

Initial Funding / $174,250

Novice borrower completing a cosmetic rehab in Mauldin, SC with an exit strategy to sell.

Triplex

Alexander City, AL

Loan Amount / $215,800
Rate / 7.000%

Purpose / Cash-Out Refinance
LTV / 65.0%

$215,800 Alabama DSCR Rental Loan for a Cash-Out Refinance of a rental property in Alexander City. This triplex features extensive updates, including a new roof, remodeled kitchens and bathrooms, and fresh flooring throughout. Located less than a mile from downtown Alexander City, it offers easy access to local shops, restaurants, and services.

Fix and Flip

Glenside, PA

Loan Amount / $252,000
LTC / 80%

Construction Funding / $32,000
LTV / 69%

Initial Funding / $220,000

New borrower completing a cosmetic rehab in Glenside, PA with an exit strategy to sell.

Fix and Flip

Park City, UT

Loan Amount / $3,788,100
LTC / 90%

Construction Funding / $728,100
LTV / 74%

Initial Funding / $3,060,000

Experienced borrower completing a full rehab in Park City, UT with an exit strategy to sell.

Fix and Flip

Portage, MI

Loan Amount / $176,800
LTC / 85%

Construction Funding / $25,000
LTV / 69%

Initial Funding / $151,800

Borrower completing a cosmetic rehab in Portage, MI with an exit strategy to sell.

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