We did this refi of a half rehabbed property to save it from foreclosure. The borrower did not have enough money to finish the loan with the original hard money lender so we paid off his loan for $76,000 and gave him another $113,000 to finish it. He will make $62,000 on the property when he sells it based on After rehab value.

75% loan to value on a rented 6 unit property in Chicago. 30 year mortgage at rate starting at 6% based on credit and DSCR of the property. We can even do this for vacant property based on market rents.

We funded the purchase of this HUD property for $71,000 and all the rehab funds needed $94,000.

The borrower got money back at closing to start the rehab of the property and only paid 10% down. The borrower will make $45,000 based on the appraisal when they sell the property.

We funded a loan to purchase this rental condo at 80% of purchase price and gave borrower another $20,000 to update the unit. Borrower will either refi to 30 year rental loan at 6% or sell the property at an estimated $25,000 profit.