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Recent Investment Property Fundings

Real Investments. Real Results.

Fix and Flip

El Cajon, CA

Loan Amount / $559,250
LTC / 84%

Construction Funding / $72,500
LTV / 70%

Initial Funding / $486,750

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

Fix and Hold

Columbus, OH

Loan Amount / $165,750
LTC / 85%

Construction Funding / $4,250
LTV / 69%

Initial Funding / $161,500

Repeat borrower acquiring a property with an exit strategy to refinance.

PUD

Palmer, AK

Loan Amount / $322,000
Rate / 9.375%

Purpose / Acquisition
LTV / 70.0%

$322,000 Alaska DSCR Rental Loan for an Acquisition of a rental property in Palmer. This property features two living areas, vaulted ceilings, a premium kitchen with an island in the kitchen, a garage, and more.

Fix and Flip

South Pasadena, CA

Loan Amount / 1,290,000
LTC / 82.0%

Construction Funding / $150,000
LTV / 65.0%

Initial Funding / $1,140,000

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

Single-Family Residence

New Orleans, LA

Loan Amount / $450,000
Rate / 9.375%

Purpose / Cash-Out Refinance
LTV / 75.0%

$450,000 Louisiana DSCR Rental Loan for a Cash-Out Refinance of a rental property in New Orleans. This property features brand new appliances, marble countertops, and modern finishes as well as a covered patio and balcony. In the heart of New Orleans, it’s within walking distance of many well-known tourist attractions such as the Riverwalk along the Mississippi River and Bourbon street.

Fix and Flip

Santa Maria, CA

Loan Amount / $413,450
LTC / 78.0%

Construction Funding / $60,950
LTV / 69.0%

Initial Funding / $352,500

Experienced investors plans to quickly flip a single family residence in California.

Single-Family Residence

Stowe, VT

Loan Amount / $888,000
Rate / 6.625%

Purpose / Acquisition
LTV / 80.0%

$888,000 Vermont DSCR Rental Loan for an Acquisition of a rental property in Stowe. Currently used as a short-term rental, this property contains six bedrooms and three baths, with a total of twelve rooms.

Duplex

Garden City, KS

Loan Amount / $175,500
Rate / 8.625%

Purpose / Cash-Out Refinance
LTV / 65.0%

$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

Loan Amount / $313,800
Rate / 7,250%

Purpose / Acquisition
LTV / 75.0%

$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.

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