Recent Fundings

Real Investments. Real Results.

Single-Family Residence

Wichita, KS

Loan Amount / $75,000
Rate / 10.250%

Purpose / Acquisition
LTV / 75.0%

$75,000 Kansas DSCR Rental Loan for an Acquisition of a rental property in Wichita. Although located in a quaint neighborhood, this property also reaps the benefits of a unique Wichita economic hub; one that is dominated by aerospace manufacturing, agriculture, and small businesses. Upon its acquisition, the property will be occupied by a long-term lease.

Duplex

Montgomery, AL

Loan Amount / $75,000
Rate / 8.875%

Purpose / Acquisition
LTV / 75.0%

$75,000 Alabama DSCR Rental Loan for an Acquisition of a rental property in Montgomery. Featuring two units of varying size, this duplex was built in 1925 and has an effective age of 30 years due to its adequate maintenance. The property will be utilized as a long-term rental upon acquisition.

Fix and Flip

Deltona, FL

Loan Amount / $164,500
LTC / 81%

Construction Funding / $20,259
LTV / 70%

Initial Funding / $144,241

Experienced borrower completing a cosmetic rehab in Deltona, FL with an exit strategy to sell.

Fix and Flip

Austin, TX

Loan Amount / $331,500
LTC / 85%

Construction Funding / $76,500
LTV / 70%

Initial Funding / $255,000

Experienced borrower completing a cosmetic rehab in Austin, TX with an exit strategy to sell.

Triplex

New Haven, CT

Loan Amount / $330,000
Rate / 6.750%

Purpose / Cash-Out Refinance
LTV / 55.0%

$330,000 Connecticut DSCR Rental Loan for a Cash-Out Refinance of a rental property in New Haven. Recent renovations of this three-family colonial home include a new roof and hot water heaters as well as significant updates to the kitchens, bathrooms, electrical, and plumbing.

Fix and Hold

Miami, FL

Loan Amount / $297,000
LTC / 68%

Construction Funding / $0
LTV / 55%

Initial Funding / $297,000

New borrower completing a cosmetic rehab in Miami, FL with an exit strategy to refinance.

Quadruplex

Indianapolis, IN

Loan Amount / $187,500
Rate / 8.500%

Purpose / Acquisition
LTV / 75.0%

$187,500 Indiana DSCR Rental Loan for an Acquisition of a rental property in Indianapolis. This quadruplex is located in a commuter-friendly city, well-known as a center of several major interstates. It will continue its current use as a long-term rental upon acquisition.

Triplex

Jackson, MS

Loan Amount / $225,000
Rate / 8.000%

Purpose / Acquisition
LTV / 75.0%

$225,000 Mississippi DSCR Rental Loan for a Acquisition of a rental property in Jackson. This 1930’s Victorian triplex features original hardwood flooring and carpentry contributing to the overall charm and character. The property is currently fully occupied as a long-term rental.

Fix and Flip

Vernal, UT

Loan Amount / $202,300
LTC / 85%

Construction Funding / $55,000
LTV / 69%

Initial Funding / $147,300

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

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