Light Industrial Debt Consolidation in Portland, OR
Loan Amount * $250,000 Collateral Valuation: * $1,120,000 Term * 15 months, First Lien, Amortizing Rate * 10.49% (Prime+5.74% margin) Our borrower has owned the building for twenty years. He has leased to an established long-term tenant. He came to ReProp to finance...
Construction Financing in costal Northern California
Loan Amount * $182,000 Collateral Valuation: * $305,000 As Complete Term * 12 months, First Lien, IO Rate * 9.890% Our borrower is replacing an aging manufactured home with construction of a permanent rental house. ReProp made his construction possible. Our borrower...
One-fifth of a city block in Northern California
Loan Amount * $180,000 Collateral Valuation: * $300,000 Term * 12 months, First Lien, IO Rate * 9.50% Our repeat borrower, a developer, wanted to purchase a fire damaged house to tear down and develop into multi-family. Conventional financing is very difficult when...
