Recent Fundings

Real Investments. Real Results.

All Fix and Flip Rental New Construction

Fix and Flip

Santa Ana, CA

Loan Amount / $1,607,605
LTC / 85%

Construction Funding / $230,605
LTV / 71%

Initial Funding / $1,377,000

Novice borrower completing a full rehab in Santa Ana, CA with an exit strategy to sell.

Fix and Flip

Waianae, HI

Loan Amount / $632,500
LTC / 79%

Construction Funding / $70,000
LTV / 63%

Initial Funding / $292,500

New borrower completing a cosmetic rehab in Waianae, HI with an exit strategy to sell.

Fix and Flip

Norman, OK

Loan Amount / $236,215
LTC / 85%

Construction Funding / $31,365
LTV / 67%

Initial Funding / $204,850

Novice borrower completing a cosmetic rehab in Norman, OK with an exit strategy to sell.

PUD

Pigeon Forge, TN

Loan Amount / $600,000
Rate / 7.250%

Purpose / Cash-Out Refinance
LTV / 57.0%

$600,000 Tennessee DSCR Rental Loan for a Cash-Out Refinance of a rental property in Pigeon Forge. This cabin-style, short-term rental property features an indoor, inground pool, a covered porch, fireplace, and stainless steel appliances. The residence is within four miles of all of the town’s major attractions including theme parks, museums, dinner theatres, and other family-oriented recreational activities.

Single-Family Residence

Radcliff, KY

Loan Amount / $161,450
Rate / 7.375%

Purpose / Rate-Term Refinance
LTV / 71.4%

$161,450 Kentucky DSCR Rental Loan for a Rate-Term Refinance of a rental property in Radcliff. Some features of this single-family residence include but are not limited to an outdoor shed, a two-car built-in garage, and a covered porch.

Fix and Flip

Anaheim, CA

Loan Amount / $736,000
LTC / 80%

Construction Funding / $96,000
LTV / 74%

Initial Funding / $640,000

Borrower completing a full rehab in Anaheim, CA with an exit strategy to sell.

PUD

Plainfield, IL

Loan Amount / $200,000
Rate / 7.750%

Purpose / Rate-Term Refinance
LTV / 80.0%

$200,000 Illinois DSCR Rental Loan for a Rate-Term Refinance of a rental property in Plainfield. The residence is situated in a suburban neighborhood approximately a mile west of a major highway that facilitates travel into downtown Chicago.

Single-Family Residence

Jonesboro, GA

Loan Amount / $162,400
Rate / 6.750%

Purpose / Acquisition
LTV / 80.0%

$162,400 Georgia DSCR Rental Loan for an Acquisition of a rental property in Jonesboro. This single-floor home is located in a suburban neighborhood that is less than a mile south of Interstate 75 and a quick drive to the town’s center. Upon acquisition, the property will be utilized as a long-term rental.

Fix and Flip

Pittsburgh, PA

Loan Amount / $229,500
LTC / 85%

Construction Funding / $59,500
LTV / 66%

Initial Funding / $170,000

Novice borrower completing a cosmetic rehab in Pittsburgh, PA with an exit strategy to sell.

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