Recent Fundings

Real Investments. Real Results.

Single-Family Residence

McKinney, TX

Loan Amount / $302,500
Rate / 8.500%

Purpose / Rate-Term Refinance
LTV / 77.0%

$302,500 Texas DSCR Rental Loan for a Rate-Term Refinance of a rental property in McKinney. The new granite countertops, tile backsplash, flooring, and fresh paint make this a pleasing home for tenants, along with the suburban commodities that surround the neighborhood. There are plenty of nearby retail amenities, employment facilities, and schools while also being only minutes away from McKinney’s downtown.

Fix and Flip

Pensacola, FL

Loan Amount / $244,300
LTC / 70%

Construction Funding / $0
LTV / 70%

Initial Funding / $244,300

Borrower looking for a quick bridge loan with a refinance exit strategy.

Single-Family Residence

Oak Island, NC

Loan Amount / $521,250
Rate / 10.000%

Purpose / Cash-Out Refinance
LTV / 75.0%

$521,250 North Carolina DSCR Rental Loan for a Cash-Out Refinance of a rental property in Oak Island. With three bedrooms and two bathrooms, the modern layout is designed for comfortable coastal living with a well-appointed open deck providing direct Atlantic beach access. Part of North Carolina’s Brunswick Islands, Oak Island provides a tranquil escape with the local real estate market characterized by several resort communities.

Fix and Flip

Indianapolis, IN

Loan Amount / $168,000
LTC / 84%

Construction Funding / $21,000
LTV / 70%

Initial Funding / $147,000

Borrower managing a cosmetic rehab with a refinance exit strategy.

Single-Family Residence

Tucson, AZ

Loan Amount / $312,750
Rate / 9.625%

Purpose / Acquisition
LTV / 75.0%

$312,750 DSCR Rental Loan for an Acquisition of a rental property in Tucson. This home is in eastern Tucson, thirty minutes from the center of the city providing access to metropolitan amenities as well as recreational such as the Saguaro National Park. Upon acquisition this property will be used as a Short-Term Rental.

Quadruplex

Suffolk, VA

Loan Amount / $210,000
Rate / 8.875%

Purpose / Cash-Out Refinance
LTV / 70.0%

$210,000 Virginia DSCR Rental Loan for a Cash-Out Refinance of a rental property in Suffolk. Three out of the four units feature one bedroom and one bathroom, while one unit features two bedrooms and one bathroom. This property is less than two miles away from the Suffolk Golf Course and entrances to the Westhaven Lakes.

Fix and Flip

Irving, TX

Loan Amount / $165,325
LTC / 85%

Construction Funding / $10,200
LTV / 69%

Initial Funding / $155,125

Novice borrower, who is a local GC to the area, with an exit strategy to sell.

Quadruplex

Angleton, TX

Loan Amount / $182,000
Rate / 8.875%

Purpose / Rate-Term Refinance
LTV / 68.7%

$182,000 Texas DSCR Rental Loan for a Rate-Term Refinance of a rental property in Angleton. Located just 45 minutes south of Houston and 20 miles from the coast, Angleton provides easy access to the city and the beach. There is effortless access to the outdoors considering it is surrounded by several recreational parks, wildlife habitats, and lakes. Several electronic, steel, and oil headquarters reside in Angleton with more companies joining the area each year.

Fix and Flip

Nashville, TN

Loan Amount / $395,250
LTC / 85%

Construction Funding / $114,750
LTV / 66%

Initial Funding / $280,500

Cosmetic rehab in the Nashville, TN market!

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