$252,664,100 In Secured Assets | $140,055,660 In Funded Loans
Cash-Out Refinance
Loan Amount: $331,500.00
Why: Reconcile outstanding debt
Our Role: Direct Lender
Loan Amount: $330,000.00
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Purchase
Loan Amount: $325,000.00
Purpose: The borrower used funds to purchase an additional out-of-state investment property
Exit strategy: To close on new investment and refinance with a mainstream lender
Fix and Flip
Loan Amount: $315,000.00
Purpose: The borrower is a seasoned investor using funds to rehab the property
Exit strategy: To renovate and sell the property for a profit
Fix and Flip
Loan Amount: $312,000.00
Purpose: The borrower is a seasoned investor using funds to rehab the property
Exit strategy: To renovate the property and sell it for a profit
Cash-Out Refinance
Loan Amount: $300,000.00
Where: Suffolk County, West Babylon, New York
Why: Fix & Hold
Our Role: Direct Lender
Tower Fund Capital acted as a Direct Lender on a Cash-Out Refinance Loan for $300,000. The loan is secured by a Single-Family Property located in West Babylon, NY. The borrower is utilizing the funds to renovate and hold.
Rent and Hold
Loan Amount: $292,500.00
Purpose: The borrower is running an Airbnb and needed funds to clear up personal liabilities
Fix and Flip
Loan Amount: $290,000.00
Purpose: The borrower is a seasoned investor using funds to rehab the property
Exit strategy: To renovate and sell for a profit
Rent and Hold
Loan Amount: $285,000.00
Purpose: The borrower is out of state and wanted to pull available equity
