- Loan Amount * $715,000
- Rate * 10.99%
- Appraised Value * $1,300,000
- Term * 24 Months, Interest Only
- Lien Position * First
Our firm proudly supports entrepreneurial endeavors in real estate by strategically acquiring key financing instruments. In one such instance, we acquired a note enabling experienced renovators to revitalize a property. This interest-only, first-lien financing provided essential capital for their vision of transforming the asset. The anticipated repayment upon the sale of the enhanced property highlights the borrower’s expertise and our commitment to fostering successful real estate ventures.
