Recent Fundings

Real Investments. Real Results.

Condo

New Orleans, LA

Loan Amount / $592,500
Rate / 8.875%

Purpose / Rate-Term Refinance
LTV / 75.0%

$592,500 Louisiana DSCR Rental Loan for a Rate-Term Refinance of a rental property in New Orleans. After recent renovations, this unit now has four bedrooms and two bathrooms, granite countertops, and modern finishes in the kitchen and bathrooms.

Fix and Hold

Morgantown, WV

Loan Amount / $140,000
LTC / 80%

Construction Funding / $85,000
LTV / 64%

Initial Funding / $55,000

Experienced borrower completing a cosmetic rehab in Morgantown, WV with an exit strategy to refinance.

Fix and Flip

Garland, TX

Loan Amount / $164,175
LTC / 80%

Construction Funding / $0
LTV / 66%

Initial Funding / $164,175

Experience borrower completing a cosmetic rehab in Garland, TX with an exit strategy to sell.

Condo

Brigantine, NJ

Loan Amount / $529,500
Rate / 8.125%

Purpose / Acquisition
LTV / 75.0%

$529,500 New Jersey DSCR Rental Loan for an Acquisition of a rental property in Brigantine. This property is south of Great bay and just west of the Atlantic Ocean, making this the perfect location to enjoy and relax on the beach. Upon acquisition, it will be utilized as a short-term rental.

Duplex

New Britain, CT

Loan Amount / $213,750
Rate / 7.750%

Purpose / Acquisition
LTV / 75.0%

$213,750 Connecticut DSCR Rental Loan for an Acquisition of a rental property in New Britain. This property is located in an active area and there is no shortage of shopping, restaurants, schools, and recreational activities in the surrounding area.

Fix and Flip

Wimauma, FL

Loan Amount / $217,500
LTC / 75%

Construction Funding / $0
LTV / 66%

Initial Funding / $217,500

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

Single-Family Residence

Robbinsdale, MN

Loan Amount / $367,500
Rate / 8.875%

Purpose / Cash-Out Refinance
LTV / 75.0%

$367,500 Minnesota DSCR Rental Loan for a Cash-Out Refinance of a rental property in Robbinsdale. This property is currently occupied on a long-term lease. Despite being built in 1954, the home is in good condition thanks to renovations to the kitchen and bathrooms.

Single-Family Residence

Longmont, CO

Loan Amount / $609,700
Rate / 8.375%

Purpose / Cash-Out Refinance
LTV / 70.0%

$609,700 Colorado DSCR Rental Loan for a Cash-Out Refinance of a rental property in Longmont. This property is currently being utilized as a short-term rental after undergoing extensive renovations such as brand new appliances, refurbishment of the pool, a hot tub, and a new roof.

Fix and Flip

Lauderdale Lakes, FL

Loan Amount / $332,500
LTC / 90%

Construction Funding / $54,445
LTV / 70%

Initial Funding / $278,055

Novice borrower completing a cosmetic rehab in Lauderdale Lakes, FL with an exit strategy to sell.

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