$252,664,100 In Secured Assets | $140,055,660 In Funded Loans
Bailout
Loan Amount: $1,250,000.00
Purpose: The borrower needed a bail out to pay off all outstanding debt
Exit strategy: Refinance with a streamline lender after 12 months
Cash-out Refinance
Loan Amount: $1,250,000.00
Purpose: The borrower refinanced the property for a cash-out to renovate and keep for rental income
Exit strategy: To establish a healthy rent roll and refinance with a mainstream lender at the prevailing rate
Loan Amount: $1,250,000.00
Fix and Flip
Loan Amount: $1,170,000.00
Purpose: The borrower required funds to rehab and flip the property
Exit strategy: To renovate and sell for a profit
Fix and Flip
Loan Amount: $1,150,000.00
Renovate
Our Role: Direct Lender
Bail-Out
Loan Amount: $1,100,000.00
Purpose: The borrower needed to bail out of default and demonstrate 12 months of current payments
Exit strategy: Regroup finances and refinance with a conventional lender
Cash-out Refinance
Loan Amount: $1,072,500.00
Purpose: The borrower refinanced the property for a cash-out to renovate and keep for rental income
Exit strategy: To establish a healthy rent roll and refinance with a mainstream lender at the prevailing rate
Cash-out Refinance
Loan Amount: $1,050,000.00
Purpose: The borrower refinanced the property to renovate and keep for rental income
Exit strategy: To establish a positive rent roll and refinance with a streamline lender at the prevailing rate
Foreign Investor
Loan Amount: $1,025,000.00
Purpose: Australian national needed a fast closing
Exit strategy: To regroup and obtain conventional financing
