Made a New Investment Possible Before the Previous Sold
Loan Amount * 350,000 Rate * 10.99% Appraised Value * $1,317,000 Term * 6 Months, Interest Only Lien Position * First Our borrower had a commercial property on the market and identified his next investment purchase. We helped him purchase the new property with a first...
Coastal Light Industrial with Space to Expand
Loan Amount * $252,000 Rate * 9.5% Appraised Value * $890,000 Term * 12 Months, Interest Only Lien Position * First Our return borrower needed to move fast to close this purchase with our financing and a plan to develop mini storage, which is high demand and limited...
Collateral- 40 acres with Timber, Water, Road & Cabin
Loan Amount * $125,000 Rate * 11.99% Appraised Value * $303,000 Term * 60 Months, Interest Only with step-down balloon payments Lien Position * First Our borrower activated equity for cash-out to support business operations at a nearby property. They will pay-off with...
