Recent Investment Property Fundings
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Duplex
Garden City, KS
$175,500 Kansas DSCR Rental Loan for a Cash-Out Refinance of a rental property in Garden City. Both units on the property are being used as long-term rentals. This city attracts many for employment opportunities in the agricultural industry, known for wheat, corn, and beef.
Condo
Tilton, New Hampshire
$313,800 New Hampshire DSCR Rental Loan for an Acquisition for a rental property in Tilton. This property is located next to Lake Winnisquam and Gunstock Mountain Ski Area.
Single-Family Residence
Baltimore, MD
$214,000 Maryland DSCR Rental Loan for a Cash-Out Refinance of a rental property in Baltimore. This property includes, but is not limited to, brand new stainless-steel appliances in the kitchen, state-of-the art lighting and fixtures, hardwood flooring throughout. This property is located at the heart of Baltimore, and backs up to Druid Hill Park, which is adjacent to the esteemed Johns Hopkins University.
Fix and Flip
Riverside Area, CA
Borrower doing a cosmetic rehab with an exit strategy to sell.
PUD
South Jordan, UT
$399,000 Utah DSCR Rental Loan for a Cash-Out Refinance of a rental property in South Jordan. This property is in close proximity to the Great Salt Lake and state Peak Parks.
Quadruplex
Jeffersonville, IN
$607,500 Indiana DSCR Rental Loan for an Acquisition of a rental property in Jeffersonville. Jeffersonville, Indiana, is located on the other side of the Ohio River from Louisville, Kentucky. Louisville is home to the Kentucky Derby and is a big attraction for baseball fans as they can visit the Louisville Slugger Factory where major lease baseball bats are produced.
Fix and Flip
Callahan, FL
Novice borrower completing a cosmetic rehab with an exit strategy to sell.
Fix and Flip
Marietta, GA
Novice borrower doing a cosmetic rehab with an exit strategy to refi and hold.
PUD
Angel Fire, NM
$820,000 New Mexico DSCR Rental Loan for an Acquisition of a rental property in Angel Fire. This short-term rental features a studio space with a separate entrance, hot tub room, two-car garage, sunroom, and a workshop. Entertainment is no issue at this beautiful three story home.
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