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Recent Investment Property Fundings

Real Investments. Real Results.

Fix and Flip

Framingham, MA

Loan Amount / $472,000
LTC / 80%

Construction Funding / $32,000
LTV / 66%

Initial Funding / $440,000

Experienced borrower completing a cosmetic rehab in Framingham, MA with an exit strategy to sell.

Single-Family Residence

Miami, FL

Loan Amount / $896,000
Rate / 8.750%

Purpose / Acquisition
LTV / 80.0%

$896,000 Florida DSCR Rental Loan for an Acquisition of a rental property in Miami. This property features a large chef-style kitchen, hard-wood flooring throughout, and renovated bathrooms with timeless finishes. Upon acquisition, the property will be utilized as a short-term rental.

Fix and Flip

Gastonia, NC

Loan Amount / $171,500
LTC / 84%

Construction Funding / $25,098
LTV / 70%

Initial Funding / $146,402

Novice borrower completing a cosmetic rehab in Gastonia, NC with an exit strategy to sell.

Multifamily (10-Unit)

Myrtle Creek, OR

Loan Amount / $594,750
Rate / 9.000%

Purpose / Acquisition
LTV / 65.0%

$594,750 Oregon DSCR Rental Loan for an Acquisition of a rental property in Myrtle Creek. This two-story, fully occupied property benefits from its proximity to the South Umpqua River and Umpqua National Forest as well as local shops, restaurants, and parks.

Single-Family Residence

Sevierville, TN

Loan Amount / $1,470,000
Rate / 8.000%

Purpose / Cash-Out Refinance
LTV / 70.0%

$1,470,000 Tennessee DSCR Rental Loan for a Cash-Out Refinance of a rental property in Sevierville. This short-term rental features an indoor pool and an elevated deck offering magnificent views of the Smokey Mountains.

Single-Family Residence

Livingston, LA

Loan Amount / $186,400
Rate / 7.375%

Purpose / Rate-Term Refinance
LTV / 80.0%

$186,400 Louisiana DSCR Rental Loan for a Rate-Term Refinance of a rental property in Livingston. This newly built property is currently occupied on a long-term lease, situated in a suburban neighborhood that is well served by major highways within three miles.

Single-Family Residence

Toledo, OH

Loan Amount / $138,000
Rate / 7.125%

Purpose / Cash-Out Refinance
LTV / 75.0%

$138,000 Ohio DSCR Rental Loan for a Cash-Out Refinance of a rental property in Toledo. Currently occupied on a long-term lease, this traditional style home features a recently updated kitchen and bathrooms that contain granite countertops, subway tile backsplash, and modern finishes.

Single-Family Residence

Edisto Island, SC

Loan Amount / $476,000
Rate / 7.500%

Purpose / Acquisition
LTV / 80.0%

$476,000 South Carolina DSCR Rental Loan for an Acquisition of a rental property in Edisto Island. This classic-style beach bungalow is located just steps away from the beach, providing the perfect getaway for a peaceful vacation. Upon acquisition, the property will be utilized as a short-term rental.

Single-Family Residence

Jasper, AL

Loan Amount / $161,000
Rate / 7.875%

Purpose / Cash-Out Refinance
LTV / 68.8%

$161,000 Alabama DSCR Rental Loan for a Cash-Out Refinance of a rental property in Jasper. Known for its small-town atmosphere, Jasper has a charming downtown area with historical buildings and local shops as well as beautiful landscapes, including the Bankhead National Forest and Lewis Smith Lake.

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