Refinance of Multifamily Apartment Building

Refinance of Multifamily Apartment Building

Loan Amount * $725,000 Rate * 9.49%  ReProp’s Value * $1,150,000 Term * 24 Months, Interest Only Lien Position * First Our borrower had a maturing loan on the property. He plans to sell the apartment building but first needed to make some cosmetic upgrades.  He...
Cash out on Rural Real Estate

Cash out on Rural Real Estate

Loan Amount * $100,000 Rate * 9.99%  ReProp’s Value * $500,000 Term * 12 Months, Interest Only Lien Position * First Our borrower is in the ag industry and was in need of working capital for his company. We were able to make him a loan secured by a large tract of land...
ADU Financing in Los Angeles

ADU Financing in Los Angeles

Loan Amount * $480,000 Rate * 9.99%  ReProp’s Value * $800,000 Term * 18 Months, Interest Only Lien Position * First Our borrower owned a rental property free and clear. With the high demand in housing, he wanted to add an ADU in the rear of the property. Our loan...
Renovate and Rent in Beach Community

Renovate and Rent in Beach Community

Loan Amount * $227,500 Rate * 9.99%  ReProp’s Value * $379,000 Term * 24 Months, Interest Only Lien Position * First Our borrowers are well practiced renovation and rent flippers. We helped them secure this parcel with 3 units. Upon renovation and occupancy, they will...
Cultivation Expansion

Cultivation Expansion

Loan Amount * $750,000 Rate * 10.49%  ReProp’s Value * $1,500,000 Term * 24 Months, Interest Only Lien Position * First Our borrower purchased this year round small farm to expand business operations. He will payoff the loan from business...
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