$252,664,100 In Secured Assets | $140,055,660 In Funded Loans
Cash-Out Refinance
Loan Amount: $208,000.00
Exit Strategy: Refinance with a mainstream lender at the prevailing rate
Fix and Flip
Loan Amount: $200,000.00
Purpose: The borrower is a professional realtor and had bought property to rebuild a new home
Exit strategy: Complete construction and sell the property for a profit
Cash-Out Refinance
Loan Amount: $200,000.00
Purpose: The borrower used the funds to pay-off Suffolk County encumbrance and placed an asset in good standing
Exit strategy: Refinance with a conventional lender after 1 year
Cash-Out Refinance
Loan Amount: $200,000.00
Purpose: The borrower needed to withdraw cash to pay off high debt and clean up credit
Exit Strategy: Refinance with a mainstream lender at the prevailing rate
Loan Amount:
Cash-Out Refinance
Loan Amount: $4,161,950.00
Where: Sussex County, Vernon, New Jersey
Why: Rent and Hold
Our Role: Direct Lender
Tower Fund Capital acted as a Direct Lender by funding a $4,161,950.00 Four- Note Blanket Loan. The loan is secured by 20 Short-Term Rental Garden Apartments located in Vernon, NJ. The borrower is refinancing to complete the project and rent and hold.
Loan Amount:
Cash-Out Refinance
Loan Amount: $870,950.00
Where: Brooklyn, New York
Why: Bail Out
Our Role: Direct Lender
Cash-Out Refinance
Loan Amount: $29,000,000.00
Purpose:
Exit strategy:
