Recent Investment Property Fundings
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Duplex
Palmyra, NJ
$250,250 New Jersey DSCR Rental Loan for a Cash-Out Refinance of a rental property in Palmyra. This fully occupied duplex is located in a quaint suburban neighborhood and features modern flooring, appliances, and countertops in the kitchen and bathrooms of both units.
Single-Family Residence
Yonkers, NY
$614,250 New York DSCR Rental Loan for a Rate-Term Refinance of a rental property in Yonkers. Located within a mile of two major highways that facilitate travel south to Manhattan, this suburban residence features an updated kitchen and bathrooms as well as two fireplaces, a wood patio, and a two-car garage.
Fix and Flip
Manahawkin, NJ
New borrower completing a cosmetic rehab in Manahawkin, NJ with an exit strategy to sell.
Fix and Flip
Gastonia, NC
Repeat borrower completing a cosmetic rehab in Gastonia, NC with an exit strategy to sell.
Fix and Flip
Cincinnati, OH
Experienced borrower completing a cosmetic rehab in Cincinnati, OH with an exit strategy to sell.
Single-Family Residence
Etna, OH
$237,000 Ohio DSCR Rental Loan for an Acquisition of a rental property in Lorain. This property is within driving distance of the downtown area of Etna which features multiple retail shops, restaurants, and places of work.
Single-Family Residence
North Augusta, SC
$140,000 South Carolina DSCR Rental Loan for a Rate-Term Refinance of a rental property in North Augusta. This property features improvements including new windows, new flooring, updated bathrooms, plumbing, and electrical work. The residence is located five miles from the Savannah River, offering walking trails, gardens, and scenic parks.
PUD
Canyon Lake, TX
$740,000 Texas DSCR Rental Loan for an Acquisition of a rental property in Canyon Lake. This waterfront property features resort-style living with a custom pool, outdoor kitchen, outdoor shower, and covered patios overlooking the water. Upon acquisition, this property will be utilized as a short-term rental property.
Single-Family Residence
Tampa, FL
$1,242,000 Florida DSCR Rental Loan for a Cash-Out Refinance of a rental property in Tampa. This contemporary-style short-term rental is situated southwest of downtown Tampa and just a mile east of Old Tampa Bay, benefiting from good access to beaches, the bay, local restaurants, and shopping areas.
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