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...
Ranch expansion in Eastern OR

Ranch expansion in Eastern OR

Loan Amount * $1,100,000 Rate * 9.99%  ReProp’s Value * $3,150,000 Term * 24 Months, Interest Only Lien Position * First Our borrower has owned a ranch in Eastern Oregon for decades and had the opportunity to purchase neighboring land. We financed the purchase and...
ADU Construction in East Bay

ADU Construction in East Bay

Loan Amount * $500,000 Rate * 8.49%  ReProp’s Value * $1,225,000 Term * 12 Months, Step rate Interest Only Lien Position * First A return borrower was building an ADU on another property. As everyone knows, cost overruns happen all the time, especially during...
Four-plex Renovation

Four-plex Renovation

Loan Amount * $110,000 Rate * 9.99% ReProp’s Value * $350,000 Term * 12 Months, Interest Only Lien Position * First Our borrower recently purchased a four-plex in need an major renovation. We were able to make her a cash out refinance loan for the renovation work. We...
Renovation using real estate leverage

Renovation using real estate leverage

Loan Amount * $200,000 Rate * 8.5%  ReProp’s Value * $600,000 Term * 24 Months, Interest Only Lien Position * First Our borrower needed capital for a fix and flip he was involved in with a partner. We made him a business purpose loan secured by his primary residence....
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