Recent Fundings

Real Investments. Real Results.

All Fix and Flip Rental New Construction

PUD

South Jordan, UT

Loan Amount / $399,000
Rate / 8.250%

Purpose / Cash-Out Refinance
LTV / 70.0%

$399,000 Utah DSCR Rental Loan for a Cash-Out Refinance of a rental property in South Jordan. This property is in close proximity to the Great Salt Lake and state Peak Parks.

Quadruplex

Jeffersonville, IN

Loan Amount / $607,500
Rate / 8.875%

Purpose / Acquisition
LTV / 75.0%

$607,500 Indiana DSCR Rental Loan for an Acquisition of a rental property in Jeffersonville. Jeffersonville, Indiana, is located on the other side of the Ohio River from Louisville, Kentucky. Louisville is home to the Kentucky Derby and is a big attraction for baseball fans as they can visit the Louisville Slugger Factory where major lease baseball bats are produced.

Fix and Flip

Callahan, FL

Loan Amount / $221,000
LTC / 85%

Construction Funding / $76,500
LTV / 69%

Initial Funding / $144,500

Novice borrower completing a cosmetic rehab with an exit strategy to sell.

Fix and Flip

Marietta, GA

Loan Amount / $269,500
LTC / 81%

Construction Funding / $48,632
LTV / 70%

Initial Funding / $220,868

Novice borrower doing a cosmetic rehab with an exit strategy to refi and hold.

PUD

Angel Fire, NM

Loan Amount / 820,000
Rate / 9.875%

Purpose / Acquisition
LTV / 80.0%

$820,000 New Mexico DSCR Rental Loan for an Acquisition of a rental property in Angel Fire. This short-term rental features a studio space with a separate entrance, hot tub room, two-car garage, sunroom, and a workshop. Entertainment is no issue at this beautiful three story home.

New Construction

Austin, TX

Loan Amount / $835,000
LTC / 73%

Construction Funding / $800,000
LTV / 58%

Initial Funding / $35,000

Borrower planning to build a 2300 sqft 3 bed/3 bath main house and a 1300 sqft 2 bed/1 bath ADU with initial equity for the project.

Single-Family Residence

Morgantown, WV

Loan Amount / $210,000
Rate / 10.000%

Purpose / Rate-Term Refinance
LTV / 75.0%

$210,000 West Virginia DSCR Rental Loan for a Rate-Term Refinance of a rental property in Morgantown. This property contains three bedrooms and two and a half baths. Amenities include a two-car garage, hardwood floors, and a covered front porch.

Fix and Flip

Duluth, GA

Loan Amount / $332,500
LTC / 82%

Construction Funding / $57,469
LTV / 70%

Initial Funding / $275,031

Experienced borrower doing a cosmetic rehab with an exit strategy to sell.

Single-Family Residence

Albany Township, ME

Loan Amount / $400,000
Rate / 9.375%

Purpose / Cash-Out Refinance
LTV / 42.6%

$400,000 Maine DSCR Rental Loan for a Cash-Out Refinance of a rental property in Albany Township. Situated in the heart of the White Mountains National Park, a few miles from Sunday River Ski Resort which is one of Maine’s premier Ski Destinations, and a few miles away from the charming small town Bethel Village which offers a selection of retail shops and restaurants.

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