Past Closings
Here are the deatails on some of our past closings. Contact us if you want to learn more!
Property Type: Multifamily (5+ Units)
Location: Houston, TX
Product: Bridge
The client was approved for a $1,330,000, 12-Month Bridge loan for a 5-unit apartment complex. The funds were used to purchase the building and complete minor renovations. The loan was closed within 20 days of the signed term sheet and did not require an appraisal.
Property Type: Land/Development Site
Location: Haslet, TX
Product: Bridge
The Client was approved for a $3,689,135, 12-Month bridge loan to complete the development of the land.
Property Type: Industrial/Commercial Use Building
Location: Valley Stream, NY
Product: Buy and Hold
The Client was approved for a $787,000, 30-Year term loan to purchase the subject property. The buyer purchased the building for their non-profit organization.
Property Type: Type: Multifamily (5+ Units)
Location: Wichita Falls, TX
Product: Bridge
The client was approved for a 12-Month Bridge loan at $380,000 to purchase the subject property. This was the client’s first investment property. The transaction only needed a BPO for approval.
Property Type: Fourplex
Location: Boston, MA
Product: Bridge
The client was approved for a 12-Month, $960,000 loan to purchase and renovate the subject property.
Property Type: Multifamily (5+ Units)
Location: Norfolk, VA
Product: Fix and Flip
The client was approved for a 12-Month, $279,000 loan to purchase and renovate the subject property. The transaction only needed a BPO for approval.
Property Type: Single-Family Residence
Location: Cape Coral, FL
Product: Fix and Flip
The client was approved for a bridge loan to purchase and renovate the subject property. The client was approved for a 12-month, $678,000 loan. The transaction only needed a BPO for approval.
Property Type: Triplex
Location: Boston, MA
Product: Fix and Flip
The client was approved for a 12-Month, $1,071,225 loan to purchase and renovate the subject property. This was an established investor with over 5 properties purchased. They were approved for a high leverage on this flip.
Property Type: Triplex
Location: Boston, MA
Product: Buy and Hold
The Client was approved for a $986,000, 30-Year term loan to purchase the subject property. The buyer is an established investor with multiple projects under their belt.