Success Stories

Purchase Money loan on SFR in LA County

Purchase Money loan on SFR in LA County

Loan Amount * $249,000 Rate * 7.99% Appraised Value * $2,225,000 Term * 18 months, IO Lien Position * First Our Borrower was in contract to purchase an investment property. Bank financing wouldn’t have been very timely because the loan was made to an entity with a...

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Fix and Flip in Alameda County

Fix and Flip in Alameda County

Loan Amount * $725,000.00 Rate * 9.75% Appraised Value * $1,200,000 Term * 12 months, IO Lien Position * First A repeat Borrower of ours was in contract to purchase a home in the East Bay. We financed the purchase.

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Construction Loan for SFR in Humboldt County

Construction Loan for SFR in Humboldt County

Loan Amount * $245,000 Rate * 9.50% Appraised Value * $446,700 Term * 12 months, IO Lien Position * First Our Borrower needed a construction loan to build his home. He qualified for bank financing but needed to move quickly. We were able to finance the construction...

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Four-unit Construction Loan in Humboldt County

Four-unit Construction Loan in Humboldt County

Loan Amount * $400,000 Rate * 9.25% Appraised Value * $650,000 Term * 36 months, IO Lien Position * First Our Borrower was getting close on his building permit expiration and needed to move quickly. After working with banks for months, our Borrower was referred to us...

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Multi-Collateral Loan in Contra Costa County

Multi-Collateral Loan in Contra Costa County

Loan Amount * $1,500,000 Rate * 8.49% Appraised Value * $2,700,000 Term * 12 months, IO Lien Position * First Our Borrowers owned and operated multiple assisted living facilities in the East Bay. They needed quick capital for business purposes and requested we make a...

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Fix and Flip in Eureka, CA

Fix and Flip in Eureka, CA

Loan Amount * $97,000 Rate * 9.25% Appraised Value * $162,000 Term * 12 months, IO Lien Position * First Our Borrower is a fix and flip investor.  Bank financing would have been difficult and timely. We made the borrower a 12-month interest only loan within 5 days....

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San Francisco residence walking distance from The Presidio

San Francisco residence walking distance from The Presidio

Loan Amount * $210,000.00 Rate * 8.99% Combined Appraised Value * $ 3,500,000 Term * 11-month interest only Lien Position * First Our Borrower is a developer and is a repeat borrower of ReProp’s. Our Borrower is involved in a construction project in Southern CA and...

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Renovation for Rental in Humboldt County

Renovation for Rental in Humboldt County

Loan Amount: $100,000 Rate: 9.50% Value: $140,500 Term: 12 interest only Lien Position: First Our borrower’s experienced eye in residential rehabilitation recognized the value in this unmaintained house when it went to the sale. Her family business purchased the...

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