$252,664,100 In Secured Assets | $140,055,660 In Funded Loans
Loan Amount: $375,000.00
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Rent and Hold
Loan Amount: $370,000.00
Purpose: The borrower used the funds for another investment
Exit Strategy: Refinance and hold for income
Cash-Out Refinance
Loan Amount: $365,000.00
Purpose: The borrower refinanced into a 2-year loan to pay off personal debt and restructure credit history
Exit strategy: Refinance with a streamline lender
Cash-Out Refinance
Loan Amount: $358,000.00
Response: The borrower needed funds to consolidate high-interest debt
Exit Strategy: Rent and hold, then refinance with a mainstream lender at the prevailing rate
Bail-Out
Loan Amount: $357,000.00
Where: Montgomery, Huntingdon Valley, Pennsylvania
Why: To save the borrower from foreclosure
Our Role: Direct Lender
Cash-Out Refinance
Loan Amount: $350,000.00
Purpose: Borrower used funds to buy out partners and establish a new entity
Exit Strategy: Hold on to the property for rental income and refinance with a mainstream lender at the prevailing rate
Financial Restructure
Loan Amount: $347,500.00
Purpose: Borrower refinanced this property to restructure personal finances, fix credit & show 12 current mortgage payments
Exit Strategy: Establish a healthy financial position and refinance at the prevailing rate
Purchase
Loan Amount: $344,435.00
Purpose: An investor and needed a purchase money loan
Exit strategy: To fix credit history and refinance with a conventional lender
Notes
Cash-Out Refinance
Loan Amount: $341,250.00
Purpose: The borrower required funds to reconcile outstanding debt
Exit strategy: To refinance with a conventional lender once stabilized
