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...
Cash Out to Upgrade Rural Farm Facilities
Loan Amount * $350,000 Rate * 9.89% Appraised Value * $800,000 Term * 36 Months, Interest Only, Step-up after 12 months Lien Position * First A referral from a local broker lead this borrower to ReProp. The borrower wanted to make some upgrades to his farm facilities....
