SFR Construction on an Acre

SFR Construction on an Acre

Loan Amount * $615,000 Rate * 11.99% Appraised Value * $947,000 Term * 11 Months, Interest Only Lien Position * First Our borrower purchased a 1-acre parcel and plans to build a home on the site but wanted to general the project himself to save money. Our borrower...
Convenience Store Purchase

Convenience Store Purchase

Loan Amount * $1,250,000 Collateral Valuation * $1,800,000 Term * 12 months Rate * 10.25% Our experienced return borrowers were in contract to purchase this convenience store with a national credit tenant, needed to close quickly and did not have time for conventional...
Operating capital with Ag. collateral

Operating capital with Ag. collateral

Loan Amount * $225,000 Collateral Valuation * $500,000 Term * 15 years Rate * 10.99% Our return borrowers sought operating capital using their 18-acre farmland. They proposed an fully amortizing loan structure, which ReProp could accommodate given their longevity in...
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