Investment Property Construction
Loan Amount * $650,000 Rate * 9.49% Appraised Value * $915,000 Term * 6 Months, Interest Only Lien Position * First A repeat borrower was purchasing another property that ReProp Financial was financing and the borrower owned the subject property debt free. We were...
Builder-Seller Securing Rural Acreage
Loan Amount * $650,000 Rate * 10.50% Appraised Value * $1,500,000 Term * 6 Months, Interest Only Lien Position * First A Repeat borrower was actively searching for rural property in the region. He came across the subject property and, with multiple offers made,...
CapX Upgrades
Loan Amount * $150,000 Rate * 8.50% Appraised Value * $1,00,000 Term * 12 Months, Interest Only Lien Position * First Our Borrower wanted to make some capital improvements to his commercial building; including adding solar.
Experienced Developer buying adjacent parcel
Loan Amount * $125,000 Rate * 9.50% Appraised Value * $250,000 Term * 12 Months, Interest Only Lien Position * First Our borrower is an investor in an adjacent building to the subject property. We financed the purchase of this parcel to retain control of the area...
