Recent Fundings

Real Investments. Real Results.

Single-Family Residence

Skiatook, OK

Loan Amount / $780,000
Rate / 8.750%

Purpose / Cash-Out Refinance
LTV / 65.0%

$780,000 Oklahoma DSCR Rental Loan for a Cash-Out Refinance on a rental property in Skiatook. The property is a sprawling 12,283 square-foot single-family residence in featuring five bedrooms, four bathrooms, and three half bathrooms. The home is in good condition and features luxurious amenities such as an indoor pool with a sauna room, an indoor theater, a bar, as well as a recently updated kitchen and bathrooms.

Single-Family Residence

Lawton, OK

Loan Amount / $176,250
Rate / 9.500%

Purpose / Cash-Out Refinance
LTV / 75.0%

$176,250 Oklahoma DSCR Short Term Rental Loan for a Cash-Out Refinance on a rental property in Lawton. Industry professionals with many years of experience remodeling homes cash-out on their SFR after completing extensive renovations on the subject property. The borrowers are using proceeds from the DSCR mortgage loan to refinance the existing debt and for rehab on their other investment properties.

Acquisition

Rogers, KY

Loan Amount / $316,550
Rate / 8.250%

Purpose / Acquisition
LTV / 65.0%

The short-term rental market in Rogers, Kentucky shows signs of a high potential for profitably with an overall “A” market grade, sustained rental demand, and revenue growth according to AirDNA.

Fix and Flip

Plano, TX

Loan Amount / $242,250
LTC / 85%

Construction Funding / $21,250
LTV / 67%

Initial Funding / $221,000

Experienced borrower flips in local market of Plano, TX.

Cash-Out Refinance

Nashville, TN

Loan Amount / $787,500
Rate / 8.875%

Purpose / Cash-Out Refinance
LTV / 75.0%

This single-family residence located in Music City – Nashville, TN was recently renovated from top to bottom. Less than 5 miles to downtown this short-term rental is the perfect stay for tourists looking to checkout Broadway!

Fix and Flip

Austin, TX

Loan Amount / $535,500
LTC / 81%

Construction Funding / $165,079
LTV / 70%

Initial Funding / $370,421

Novice investor with an exit strategy to sell.

Cash-Out Refinance

Austin, TX

Loan Amount / $1,852,500
Rate / 8.750%

Purpose / Cash-Out Refinance
LTV / 65.0%

: This cash-out refinance was not the first for this investor with 15 years of experience, this property being his 19th. This newly constructed home is now being used as a STR in beautiful Austin, TX.

Fix and Flip

Lithonia, GA

Loan Amount / $259,920
LTC / 80%

Construction Funding / $32,000
LTV / 65%

Initial Funding / $227,920

Novice borrower investing in a cosmetic fix and flip in the GA market.

Cash-Out Refinance

San Antonio, TX

Loan Amount / $526,850
Rate / 8.875%

Purpose / Cash-Out Refinance
LTV / 69.8%

Experienced investor cashes some equity out on their thriving STR and plans to use proceeds to add to expand rental portfolio.

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