Recent Fundings

Real Investments. Real Results.

All Fix and Flip Rental New Construction

Multifamily (5-Unit)

Watertown, NY

Loan Amount / $175,000
Rate / 9.875%

Purpose / Cash-Out Refinance
LTV / 50.0%

$175,000 New York DSCR Rental Loan for a Cash-Out Refinance of a rental property in Watertown. With five total units, this multifamily property is located just a few blocks from downtown and currently fully occupied on long-term leases.

Single-Family Residence

North Topsail Beach, NC

Loan Amount / $316,000
Rate / 8.500%

Purpose / Acquisition
LTV / 80.0%

$316,000 North Carolina DSCR Rental Loan for an Acquisition of a rental property in North Topsail Beach. With a front and back porch, the property overlooks an expansive coastal scene, as well as 360 degrees of green grass in the yard. Quintessential to beach town neighborhoods, the house sits on stilts raised above the ground, with a carport beneath and an outdoor shower to the side.

Single-Family Residence

Chesapeake, VA

Loan Amount / $140,000
Rate / 7.875%

Purpose / Rate-Term Refinance
LTV / 80.0%

$140,000 Virginia DSCR Rental Loan for a Cash-Out Refinance of a rental property in Chesapeake. After undergoing significant renovations, this property will operate as a long-term rental.

Fix and Flip

Norfolk, VA

Loan Amount / $164,500
LTC / 84%

Construction Funding / $63,949
LTV / 70%

Initial Funding / $100,551

Novice borrower completing a cosmetic rehab in Norfolk, VA with an exit strategy to sell.

Fix and Flip

Newport News, VA

Loan Amount / $112,000
LTC / 80%

Construction Funding / $30,000
LTV / 68%

Initial Funding / $82,000

New borrower completing a cosmetic rehab in Newport News, VA with an exit strategy to sell.

Fix and Flip

Salt Lake City, UT

Loan Amount / $525,000
LTC / 85%

Construction Funding / $59,274
LTV / 70%

Initial Funding / $465,726

Experienced borrower completing a cosmetic rehab in Salt Lake City, UT with an exit strategy to sell.

Fix and Flip

Greer, SC

Loan Amount / $136,000
LTC / 85%

Construction Funding / $42,500
LTV / 68%

Initial Funding / $93,500

Repeat borrower completing a cosmetic rehab in Greer, SC with an exit strategy to sell.

Fix and Flip

York, SC

Loan Amount / $131,750
LTC / 85%

Construction Funding / $34,000
LTV / 68%

Initial Funding / $97,750

Repeat borrower completing a cosmetic rehab in York, SC with an exit strategy to sell.

Fix and Flip

St. Helens, OR

Loan Amount / $212,000
LTC / 80%

Construction Funding / $58,250
LTV / 71%

Initial Funding / $153,750

Experienced borrower completing a cosmetic rehab in St. Helens, OR with an exit strategy to sell.

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