$252,664,100 In Secured Assets | $140,055,660 In Funded Loans
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
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
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
Cash-Out Refinance
Loan Amount: $591,250.00
Why: Reconcile outstanding debt
Our Role: Credit Line Facility Provider
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
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
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
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
Loan Amount: $526,500.00