The previous owner of this gorgeous Central Phoenix property was in the middle of demoing the interior when their lender took it back, and our borrower came in to finish the job with a fix and flip loan from Capital Fund I. The property already has a
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Loan Amount: $1,096,119 Interest Rate: 9.9% Loan Term: 12 Months Property Type: Construction Loan Type: Single Family Construction Our borrower has worked with us before when seeking a construction loan, and they know exactly what they are doing when it comes to developing new homes, and has
Read more →This land acquisition deal came through a broker that we work with frequently. Knowing that this was a time sensitive deal, Capital Fund I worked fast to underwrite in house and offer a quote for a land loan, and we closed this deal after 4 days of
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Our borrower, Mike, did a great job building these two homes. Choosing to include a chef’s kitchen, shaker style close cabinets and a farm sink, the home cook will not be lacking in space to get creative. The master suite offers a spa like bathroom, and a
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Michael has worked with Capital Fund I since 2013, and has built numerous gorgeous new homes across the valley and has even begun working on a home in Payson, AZ. This home first came into production a little under a year ago, and is now on the
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Our borrower, Sean, did a fantastic job on this fix & flip in Scottsdale. Giving a fresh new exterior paint job, and rehabbing the interior of the home to have new tile, and an updated kitchen with new cabinets and granite countertops installed. Other updates include new
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Congratulations to our borrower for completing and selling two new homes in the Biltmore area. Seeing an opportunity to tear down an old house and build up a new home takes some creative insight, and a great team. Mike has worked with Capital Fund I, LLC on
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One of the best things we get to see when working with real estate investors is the product that they are able create. At first, this home on Las Palmaritas was outdated, had a dark interior, and the floors were in need of some TLC. Our borrower
Read more →Originally Published in DS News | October 31, 2016 The fix and flip market is heating back up, with the number of flipped properties this year reaching the highest level seen since pre-crisis 2007. “Flipping activity is hot again, due to the fact that we are seeing
Read more →Article originally posted on AZ Central, October 27, 2016 The residential building boom continues in Phoenix, from urban apartments to houses targeting first-time homebuyers. Construction is rising in areas of the city from midtown to north Phoenix, and many projects are well underway. Several others broke ground
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