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

Recently Funded: Silverleaf Lot Purchase

Silverleaf Lot purchase

Having used us in the past to purchase a lot in the sought after community of Silverleaf, our borrower came back to Capital Fund I again to purchase another lot.  By cross collateralizing the purchase with the free and clear developed lot, our borrower was able to put the financing towards purchasing the new lot.

Our borrower, who is also an active real estate agent, as well as a licensed and active luxury home builder, plans to develop the new lot so that it is ready to build on, and will then list it back onto the market, sometimes including architectural plans that have been approved by the community’s HOA.

By having a pre-approved plan ready, the buyer will already have saved 6-12 months of waiting and stress, and will only have to wait for the completion of their home with the interior finishes of their desires.  This is a great strategy that our borrower has completed and found successful multiple times now, and we are happy to be a part of such a unique game plan for real estate investments.

  • Loan Amount: $600,000
  • Rate: 10.9%
  • Loan Term: 12 Months
  • Loan Type: Commercial Bridge
  • Property Type: Land

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