Recent Fundings

Real Investments. Real Results.

Quadruplex

Airway Heights, WA

Loan Amount / $511,875
Rate / 8.000%

Purpose / Cash-Out Refinance
LTV / 68.3%

$511,875 Washington DSCR Rental Loan for a Cash-Out Refinance of a rental property in Airway Heights. Conveniently located about 10 minutes from the Spokane International Airport and 20 minutes from Downtown, it boasts its central location between national parks, all of which are drivable for a day trip. The most popular attractions in the area are the two casinos and the Spokane County Raceway Park, which has occasional Monster truck shows and stock car races.

Fix and Flip

Austin, TX

Loan Amount / $305,250
LTC / 71%

Construction Funding / $0
LTV / 58%

Initial Funding / $305,250

Repeat borrower funding his own cosmetic rehab with an exit strategy to sell.

Single-Family Residence

Statesville, NC

Loan Amount / $290,000
Rate / 7.750%`

Purpose / Acquisition
LTV / 58.0%

$290,000 North Carolina DSCR Rental Loan for an Acquisition of a rental property in Statesville. This property offers comfortable living with a recently updated deck and a stunning inground pool complete with a heated spa, turning the backyard into a private oasis. The retreat resides in a neighborhood known for its blend of manufactured and stick-built homes, showcasing exceptional construction and workmanship.

Fix and Flip

Garland, TX

Loan Amount / $216,400
LTC / 80%

Construction Funding / $56,000
LTV / 70%

Initial Funding / $160,400

New borrowers taking on a full cosmetic rehab with an exit strategy to sell.

Single-Family Residence

Lake Elsinore, CA

Loan Amount / $308,750
Rate / 8.000%

Purpose / Rate-Term Refinance
LTV / 60.5%

$308,750 California DSCR Rental Loan for a Rate-Term Refinance of a rental property in Lake Elsinore. The contemporary estate features a stylish interior with pristine white kitchen cabinets and walls, flooring, and cabinetry which have been all well-maintained. Located in Riverside County, California, Lake Elsinore is known for its stunning natural beauty, and the city’s strategic location, nestled between the Santa Ana Mountains and the Temescal Valley, offers picturesque views and outdoor recreational opportunities.

Fix and Flip

Stone Mountain, GA

Loan Amount / $196,000
LTC / 82%

Construction Funding / $40,833
LTV / 70%

Initial Funding / $155,167

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

Fix and Flip

Savannah, GA

Loan Amount / $202,300
LTC / 85%

Construction Funding / $100,000
LTV / 67%

Initial Funding / $102,300

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

Single-Family Residence

Otis, MA

Loan Amount / $337,500
Rate / 9.625%

Purpose / Rate-Term Refinance
LTV / 75.0%

$337,500 Massachusetts DSCR Rental Loan for a Rate-Term Refinance of a rental property in Otis. This property features a recently remodeled kitchen with quartz countertops and modern finishes. Otis is known as a haven for outdoor recreations as it features forests, open fields, cool streams, and deep ponds. The property is currently used as a short-term rental.

Fix and Flip

Fort Walton Beach, FL

Loan Amount / $241,500
LTC / 83%

Construction Funding / $24,983
LTV / 70%

Initial Funding / $216,517

Local borrower to the Fort Walton Beach area completing a cosmetic rehab throughout the home with an exit strategy to sell.

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