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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.

Single-Family Residence

Kingsland, TX

Loan Amount / $1,125,600
Rate / 8.000%

Purpose / Rate-Term Refinance
LTV / 70.0%

$1,125,600 Texas DSCR Rental Loan for a Rate-Term Refinance of a rental property in Kingsland. Located on the Colorado River, this property is currently utilized as a short-term rental. Some recent renovations include, a full kitchen and bath remodel, new cabinetry, counter tops, appliances, and flooring.

Fix and Flip

Cocoa, FL

Loan Amount / $145,608
LTC / 80%

Construction Funding / $24,000
LTV / 65%

Initial Funding / $121,608

New borrower completing a cosmetic rehab in Cocoa, FL with an exit strategy to sell.

Fix and Flip

Salisbury, NC

Loan Amount / $118,800
LTC / 80%

Construction Funding / $30,000
LTV / 63%

Initial Funding / $88,800

New borrower completing a cosmetic rehab in Salisbury, NC with an exit strategy to sell.

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