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Recent Fundings

Real Investments. Real Results.

All Fix and Flip Rental New Construction

Multifamily

Cincinnati, OH

Loan Amount / $455,000
Rate / 8.375%

Purpose / Acquisition
LTV / 70.0%

$455,000 Ohio DSCR Rental Loan for an Acquisition of a rental property in Cincinnati. All five units are 1,200 square feet and feature two bedrooms and one bathroom. Typical units feature granite countertops, hardwood flooring, and updated kitchens and bathrooms.

Fix and Flip

Atlanta, GA

Loan Amount / $185,300
LTC / 85%

Construction Funding / $51,000
LTV / 67%

Initial Funding / $134,300

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

Single-Family Residence

Baltimore, MD

Loan Amount / $523,250
Rate / 74.5%

Purpose / Cash-Out Refinance
LTV / 9.375%

$523,250 Maryland DSCR Rental Loan for a Cash-Out Refinance of a rental property in Baltimore. Baltimore is known for its historic sites and is home to the National Aquarium and multiple Professional sports teams. The property is currently occupied on a long-term lease.

Fix and Flip

Bowie, MD

Loan Amount / $260,800
LTC / 80%

Construction Funding / $40,000
LTV / 69%

Initial Funding / $220,800

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

Duplex

Camden, NJ

Loan Amount / $113,236
Rate / 8.875%

Purpose / Rate-Term Refinance
LTV / 43.1%

$113,326 New Jersey DSCR Rental Loan for a Rate-Term Refinance of a rental property in Camden. Spanning three stories and built in 1890, this historic gem boasts a total of 2,074 square feet.

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.

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