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

Recently Funded: Great loan for Great Borrower

Small in quaint neighborhood
  • Residential Rehab
  • Loan Amount: $332,000
  • Loan Term: 12 Months
  • Interest Rate: 10.9%
  • Residential Asset

Our borrower first started using us as their private lender early last year, and since then we have provided her multiple loans for the fix and flips she has done.  With this most recent loan, our borrower plans to have this home between 90-100% complete in time for the Willo Home Tour in February.  This will help bring in between 5-10 thousand visitors, and assist in having it sold quickly.

What we like about this loan is the prime location this home has in the Historic Willo District, and how our borrower has shown her ability in completing work, and producing quality work.  As a real estate agent, our borrower is able to cut down on the potential additional costs of hiring an real estate agent or broker to sell the home for her.

We are excited to see the finished product, and other properties that she brings to us in the future.

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

  • How to Refinance Your Investment Property
    How to Refinance Your Investment Property
    Refinancing an investment property such as a rental or a fix and flip has become a popular real estate investing strategy, especially when you are working with multiple properties.  See how some of our borrowers have used a cash-out refinance loan to help them further increase their...
    Read more
  • Investor’s Guide to Private Money Lenders
    Investor’s Guide to Private Money Lenders
    Working with a private lender as opposed to a conventional lender is often the financing of choice for many real estate investors and developers.  For one private money tends to move faster than conventional lenders, you might not have to deal with invasive background or credit checks,...
    Read more