Renovate and Rent in Beach Community
Loan Amount * $227,500 Rate * 9.99% ReProp’s Value * $379,000 Term * 24 Months, Interest Only Lien Position * First Our borrowers are well practiced renovation and rent flippers. We helped them secure this parcel with 3 units. Upon renovation and occupancy, they will...
Cultivation Expansion
Loan Amount * $750,000 Rate * 10.49% ReProp’s Value * $1,500,000 Term * 24 Months, Interest Only Lien Position * First Our borrower purchased this year round small farm to expand business operations. He will payoff the loan from business...
Ranch expansion in Eastern OR
Loan Amount * $1,100,000 Rate * 9.99% ReProp’s Value * $3,150,000 Term * 24 Months, Interest Only Lien Position * First Our borrower has owned a ranch in Eastern Oregon for decades and had the opportunity to purchase neighboring land. We financed the purchase and...
ADU Construction in East Bay
Loan Amount * $500,000 Rate * 8.49% ReProp’s Value * $1,225,000 Term * 12 Months, Step rate Interest Only Lien Position * First A return borrower was building an ADU on another property. As everyone knows, cost overruns happen all the time, especially during...
