Recent Fundings

Real Investments. Real Results.

All Fix and Flip Rental New Construction

Fix and Flip

Pawleys Island, SC

Loan Amount / $311,500
LTC / 85%

Construction Funding / $12,697
LTV / 70%

Initial Funding / $298,803

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

Single-Family Residence

Williamsport, PA

Loan Amount / $135,100
Rate / 7.875%

Purpose / Acquisition
LTV / 75.0%

$135,100 Pennsylvania DSCR Rental Loan for an Acquisition of a rental property in Williamsport. Conveniently located near the Lycoming Mall, this residence is located in an area that offers a variety of shopping, dining, and entertainment options. The property will be used as a long-term rental upon purchase.

Single-Family Residence

Grandville, MI

Loan Amount / $196,000
Rate / 8.500%

Purpose / Acquisition
LTV / 80.0%

$196,000 Michigan DSCR Rental Loan for an Acquisition of a rental property in Grandville. Recent renovations of this property include new plumbing and electrical work, replacement of kitchen finishes and appliances, an updated shower, and fresh interior paint. Upon acquisition, the residence will be utilized as a short-term rental.

New Construction and Hold

Kannapolis, NC

Loan Amount / $263,423
LTC / 81%

Construction Funding / $193,423
LTV / 63%

Initial Funding / $70,000

Experienced borrower adding a 2000 sqft duplex, with an exit strategy to refinance.

Fix and Flip

San Antonio, TX

Loan Amount / $165,600
LTC / 80%

Construction Funding / $92,000
LTV / 57%

Initial Funding / $73,600

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

Single-Family Residence

Newport, NJ

Loan Amount / $247,000
Rate / 7.625%

Purpose / Cash-Out Refinance
LTV / 65.0%

$247,000 New Jersey DSCR Rental Loan for a Cash-Out Refinance of a rental property in Newport. This beach-style property is situated less than a mile east of the Delaware Bay shoreline, offering easy access to opportunities for enjoying coastal scenery and activities.

Fix and Flip

Spring, TX

Loan Amount / $132,000
LTC / 80%

Construction Funding / $36,000
LTV / 68%

Initial Funding / $96,000

Fix and Hold

San Antonio, TX

Loan Amount / $140,000
LTC / 80%

Construction Funding / $8,000
LTV / 67%

Initial Funding / $132,000

New borrower completing a cosmetic rehab in San Antonio, TX with an exit strategy to refinance.

Fix and Flip

San Marcos, CA

Loan Amount / $702,000
LTC / 77%

Construction Funding / $70,000
LTV / 70%

Initial Funding / $632,000

Borrower adding another bedroom to a home in San Marcos, CA with an exit strategy to sell.

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