We Loan $87,000 to rehab this badly damaged vacant property worth $38,000. The borrower will make $24,000 when they sell the property or refi to a low interest long term rental loan with us to get a steady rent check every month.
We loan $81,000 of this property worth $50,000. After the rehab the owner will sell it and make $26,000
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.
We funded the refi of this investment property to payoff the original hard money lender and give the borrower more funds to finish their flip. The borrower will make $28,000 on the project.
We funded an $86,000 loan to rehab a vacant investment property that was purchased for 2 months prior for 16,000 in back taxes. The borrower will make $50,000 when he sells the property.
Bank owned property that did not allow for financing option on sales contract. We changed title companies and saved the purchase. Borrower will make 60k based on the after rehab value
Experienced flipper needed a fast loan due to seller not allowing extension. We Funded in 2 weeks.
This was a boarded up property in a rough area with many lenders not wanting to lend there. We got the buyer loan to purchase and rehab the property. He stands to profit 250k based on the after rehab value.
Borrower property for several years and could not get the money to rehab the property until he found us. We got him $300,000 to rehab the entire property. which was 50k more than he was asking for.
Funded! Rehab loan for 70,000 in Chicago on a Single family home.
Funded! Rehab loan in Chicago for Single family home $100,000
closed loan for 55,000 purchase and 60,000 rehab in Columbus Ohio.
Refi of home to rehab and sell in Palm Beach Gardens FL $150,000 loan and ARV of $287,000
Loan of $135,900 for Purchase of Single family home in Atlanta for 99,000 and rehab budget of 56,000 and ARV of 230,000
Refi of house for rehab and sale. Loan amount is 95,000 and ARV is 210,000