MapTiler logo

© MapTiler © OpenStreetMap contributors

RECENTLY FUNDED LOANS

INVESTOR PROJECTS THAT WE BACKED

$252,664,100 In Secured Assets | $140,055,660 In Funded Loans


Multi-Family
College Point

Acquisition
Loan Amount: $637,000.00


Mixed-Use
Brooklyn

Foreclosure Save
Loan Amount: $630,000.00


6 Family
New York

Cash-Out Refinance
Loan Amount: $600,000.00


Mixed-Use
Queens Village, Queens, New York

Cash-Out Refinance
Loan Amount: $591,250.00


1 Family
Commack

Cash-Out Refinance
Loan Amount: $575,000.00


1 Family
Asbury Park

Cash-Out Refinance
Loan Amount: $572,000.00


3 Family
Brooklyn

Cash-Out Refinance
Loan Amount: $570,000.00


Condo
New York

Cash-Out Refinance
Loan Amount: $536,250.00


2 Family
Brooklyn


Loan Amount: $526,500.00

Multi-Family
College Point

Acquisition
Loan Amount: $637,000.00


Purpose: Fix and flip

Exit strategy: Investor has secured an end purchaser for $1.5 M at delivery of renovated property

Mixed-Use
Brooklyn

Foreclosure Save
Loan Amount: $630,000.00


Purpose: The borrower needed a bail out from foreclosure to allow time to refinance or sell

Exit strategy: Reassess finances and refinance with a conventional lender or sell the property

6 Family
New York

Cash-Out Refinance
Loan Amount: $600,000.00


Purpose: The borrower refinanced this property for a cash-out to renovate and keep for rental income

Exit strategy: Establish a healthy rent roll and refinance with a mainstream lender at the prevailing rate

Mixed-Use
Queens Village, Queens, New York

Cash-Out Refinance
Loan Amount: $591,250.00


Why: Reconcile outstanding debt

Our Role: Credit Line Facility Provider

1 Family
Commack

Cash-Out Refinance
Loan Amount: $575,000.00


Purpose: The borrower required funds to reconcile outstanding debt

Exit strategy: To refinance with a conventional lender once stabilized

1 Family
Asbury Park

Cash-Out Refinance
Loan Amount: $572,000.00


Purpose: The borrower required funds to reconcile outstanding debt

Exit strategy: To refinance with a conventional lender once stabilized

3 Family
Brooklyn

Cash-Out Refinance
Loan Amount: $570,000.00


Purpose: The borrower refinanced this 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

Notes

Condo
New York

Cash-Out Refinance
Loan Amount: $536,250.00


Purpose: The borrower required funds to purchase another investment property

Exit strategy: Sell this property to recoup finances

2 Family
Brooklyn


Loan Amount: $526,500.00