Recent Fundings

Real Investments. Real Results.

All Fix and Flip Rental New Construction

Fix and Flip

Sealy, TX

Loan Amount / $327,000
LTC / 70%

Construction Funding / $0
LTV / 70%

Initial Funding / $327,000

Borrower acquiring a property with an exit strategy to refinance the home into a long term DSCR loan.

Triplex

New Haven, CT

Loan Amount / $248,040
Rate / 8.125%

Purpose / Cash-Out Refinance
LTV / 63.6%

$248,040 Connecticut DSCR Rental Loan for a Cash-Out Refinance of a rental property in New Haven. This three-family colonial resides in a housing market of New Haven characterized by stable property values and homes selling in less than three months’ time on the market.

Single-Family Residence

Dayton, NJ

Loan Amount / $356,000
Rate / 8.125%

Purpose / Rate-Term Refinance
LTV / 64.7%

$356,000 New Jersey DSCR Rental Loan for a Rate-Term Refinance of a rental property in Dayton. This recently renovated property contains 3 bedrooms and two and a half baths. Renovations include an updated kitchen, bathroom, flooring, and new windows.

Fix and Flip

Smyrna, GA

Loan Amount / $311,500
LTC / 83%

Construction Funding / $66,543.33
LTV / 70%

Initial Funding / $245,046.67

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

Single-Family Residence

Memphis, TN

Loan Amount / $88,900
Rate / 9.500%

Purpose / Cash-Out Refinance
LTV / 70.0%

$88,900 Tennessee DSCR Rental Loan for a Cash-Out Refinance of a rental property in Memphis. Since original purchase in 2021, renovations include new windows, fresh interior paint, and new hardwood floors throughout.

Fix and Flip

Farmers Branch, TX

Loan Amount / $236,300
LTC / 85%

Construction Funding / $17,850
LTV / 70%

Initial Funding / $218,450

Experienced, repeat borrower doing a cosmetic rehab with an exit strategy to sell.

Single-Family Residence

Dryersburg, TN

Loan Amount / $77,800
Rate / 8.875%

Purpose / Rate-Term Refinance
LTV / 61.7%

$77,800 Tennessee DSCR Rental Loan for a Rate-Term Refinance of a rental property in Dryersburg. An experienced investor recently renovated this property in Northwestern Tennessee. Recent renovations that included new vinyl siding, a new roof, and new windows.

Fix and Flip

Melbourne, FL

Loan Amount / $218,875
LTC / 85%

Construction Funding / $38,250
LTV / 69%

Initial Funding / $180,625

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

Fix and Flip

Los Alamitos, CA

Loan Amount / $896,500
LTC / 83%

Construction Funding / $180,000
LTV / 71%

Initial Funding / $716,500

Borrower doing a complete rehab with an exit strategy to sell.

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