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Recent Fundings

Real Investments. Real Results.

Fix and Flip

Austin, TX

Loan Amount / $331,500
LTC / 85%

Construction Funding / $76,500
LTV / 70%

Initial Funding / $255,000

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

Triplex

New Haven, CT

Loan Amount / $330,000
Rate / 6.750%

Purpose / Cash-Out Refinance
LTV / 55.0%

$330,000 Connecticut DSCR Rental Loan for a Cash-Out Refinance of a rental property in New Haven. Recent renovations of this three-family colonial home include a new roof and hot water heaters as well as significant updates to the kitchens, bathrooms, electrical, and plumbing.

Fix and Hold

Miami, FL

Loan Amount / $297,000
LTC / 68%

Construction Funding / $0
LTV / 55%

Initial Funding / $297,000

New borrower completing a cosmetic rehab in Miami, FL with an exit strategy to refinance.

Quadruplex

Indianapolis, IN

Loan Amount / $187,500
Rate / 8.500%

Purpose / Acquisition
LTV / 75.0%

$187,500 Indiana DSCR Rental Loan for an Acquisition of a rental property in Indianapolis. This quadruplex is located in a commuter-friendly city, well-known as a center of several major interstates. It will continue its current use as a long-term rental upon acquisition.

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.

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