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Recent Investment Property Fundings

Real Investments. Real Results.

All Fix and Flip Rental New Construction

Triplex

Jackson, MS

Loan Amount / $225,000
Rate / 8.000%

Purpose / Acquisition
LTV / 75.0%

$225,000 Mississippi DSCR Rental Loan for a Acquisition of a rental property in Jackson. This 1930’s Victorian triplex features original hardwood flooring and carpentry contributing to the overall charm and character. The property is currently fully occupied as a long-term rental.

Fix and Flip

Vernal, UT

Loan Amount / $202,300
LTC / 85%

Construction Funding / $55,000
LTV / 69%

Initial Funding / $147,300

Experienced borrower completing a cosmetic rehab in Vernal, UT with an exit strategy to sell.

Single-Family Residence

Oshkosh, WI

Loan Amount / $150,000
Rate / 10.000%

Purpose / Acquisition
LTV / 75.0%

$150,000 Wisconsin DSCR Rental Loan for a Acquisition of a rental property in Oshkosh. Located in a well-established residential market and a block away from Lake Winnebago, the property is nearby public schools and transportation, shopping, employment, and recreational facilities.

Fix and Flip

Fresno, CA

Loan Amount / $250,800
LTC / 80%

Construction Funding / $69,600
LTV / 67%

Initial Funding / $181,200

Repeat borrower completing a cosmetic rehab in Fresno, CA with an exit strategy to sell.

Duplex

Detroit, MI

Loan Amount / $94,500
Rate / 9.375%

Purpose / Cash-Out Refinance
LTV / 70.0%

$94,500 Michigan DSCR Rental Loan for a Cash-Out Refinance of a rental property in Detroit. This Colonial-style property is located in a cozy, safe neighborhood filled with other historic bungalows and colonial-style homes that have been converted into duplexes.

Fix and Flip

Hacienda Heights, CA

Loan Amount / $455,400
LTC / 43%

Construction Funding / $0
LTV / 40%

Initial Funding / $455,400

Experienced borrower funding their own cosmetic rehab in Hacienda Heights, CA with an exit strategy to sell.

Quadruplex

Millville, NJ

Loan Amount / $264,000
Rate / 9.250%

Purpose / Acquisition
LTV / 74.6%

$264,000 New Jersey DSCR Rental Loan for an Acquisition of a rental property in Millville. Built in 1892, the property reflects some modernization, with updated features to the kitchens and bathrooms, including laminate floors, updated cabinets and counter tops.

Fix and Flip

Taylor, TX

Loan Amount / $297,500
LTC / 85%

Construction Funding / $85,000
LTV / 66%

Initial Funding / $212,500

Experienced borrower completing a cosmetic rehab in Taylor, TX with an exit strategy to sell.

Single-Family Residence

Atlanta, GA

Loan Amount / $532,000
Rate / 8.875%

Purpose / Cash-Out Refinance
LTV / 70.0%

$532,000 Georgia DSCR Rental Loan for a Cash-Out Refinance of a rental property in Atlanta. This short-term rental is located north of Downtown Atlanta, situated within proximity to all necessary schools, retail amenities, healthcare facilities, and employment opportunities.

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