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Transaction Overview This deal funding coincided with the approval of a fix/flip line of credit application.  The process of obtaining the line of credit approval was 32 days.  Moving forward, this client will be able to obtain draws from his 1,250,000 line of credit within 7 days of submission of only two documents.  We funded […]

Transaction Overview We recently funded this deal in New Providence, NJ for one of our best clients.  We funded 90% o the purchase price, 95% of the construction at 75% of the estimated ARV.  The property appraised $25,000 higher than the purchase price in its current condition!  This is a testament to making your money when […]

Transaction Overview We recently funded this deal in Los Banos Ca.  This was for a Fortune Builders Mastery graduate and their very first deal.  We worked closely with them for over 6 months helping them navigate multiple offers on different properties until they found this one.  Unlike most lenders, we recommended that the borrower leverage […]

Transaction Overview We recently funded this project in Livingston,NJ.  Our borrowers faced some challenges with a an oil tank and soil contamination which needed remediation.   Although this issue delayed closing for several months, we made certain to keep the loan file fresh such that a smooth closing could occur only days after the remediation […]

Transaction Overview We funded this cash flowing rental in Huntsville Alabama recently.  The property is cash flowing on day 1, with a 17% cash on cash return.  The borrower did not have to provide any tax returns, w2’s or pay-stubs.  Using our single rental portfolio loan, we use property cash flow to qualify in lieu […]

Transaction Overview A previous client of ours mistakenly chose to work with another lender which almost cost them $400,000 in lost profit on this deal.   After starting the process with another lender, they approached us after receiving a low ball appraisal.   The value came in so low, that they were going to be forced to walk away […]

Transaction Overview We faced heavy challenges funding this deal with no comparable sales to support the land value and after repair value.  We did not give up fighting for our client.   We successfully disputed a low ball appraisal and were able to find hidden sales not listed on MLS to get this deal done for […]

Transaction Overview We funded this deal in 8 days.  Total loan amount of $485,290 @ 7.49%.  We funded 90% of the purchase price and 95% of the construction at 75% ARV Property Details Loan Amount $485,290 Interest Rate 7.49% % of ARV Financed 75% % of Aquisition Financed 90% % of Construction Financed 95% Loan […]