(480) 889-6100 BK-0917799  |  NMLS# 396288

Land Acquisition for Lake Pleasant Towne Center Pad

Land Acquisition LoanThis 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 receiving the request.

Land is often seen as a risky property type to lend on, making it difficult to get a loan from a traditional bank as opposed to a private money lender.  That’s when Capital Fund I comes into play and we are able to provide financing for land acquisition and bridge the gap in time, until they are ready to develop the site into a car wash.

Capital Fund I, LLC provides financing for a variety of properties, ranging from residential, commercial, construction, and land acquisition and development.  As a direct private money lender, Capital Fund I is able to perform each step of the loan process in-house including loan origination, underwriting, and servicing.  Our team is always ready to answer any questions you have along the way.

If you’re preparing your next real estate investment give us a call and learn about how we can help you succeed.

Loan Details:

Loan Amount: $1,000,000

Interest Rate: 12.5%

Loan Term: 12 Months

Loan Type: Land Loan

Size: 2.8 Acres (122,128 Sq. Ft.)

Asset Type: Commercial Land and Lots

Leave a Reply

Contact Us

Find Us

  • 14555 N Scottsdale Rd #200
    Scottsdale, AZ 85254
  • Phone: 480.889.6100
  • Fax: 480.361.8628
  • Hours: Mon-Fri 8am-5pm

Latest Posts

  • Best Arizona Cities for Real Estate Investment Properties
    Best Arizona Cities for Real Estate Investments
    A study by Smart Asset was recently published on the best cities to purchase a real estate investment properties.  On that list, there were several Arizona cities among the top 10.  Mesa, Glendale, and Phoenix made the top 10, while Gilbert fell just short in the number...
    Read more
  • How to Prepare for the Next Recession
    How to Prepare for the Next Recession
    Economists agree that we are heading towards a recession.  They don’t know exactly when it will hit and what will cause it is still vague, but it is coming and something to expect.  This isn’t something new however, our economy tends to work itself into a cycle...
    Read more