by admin | Jun 28, 2016 | Arizona, Success Stories
Loan Amount: $169,000 Rate: 8.99% Appraisal Value: $260,000 Term: 9 months Lien Position: First Our borrower is a contractor who does fix and flips. He was in the process of selling another fix and flip when this one came on the market. We were able to finance the...
by admin | Nov 13, 2014 | Arizona, Success Stories
Loan Amount: $315,000 1st / $220,500 2nd Rate: 8.25% 1st / 12.75% 2nd Appraisal Value: $645,000 Term: 6 months Lien Position: First This house was purchased by experienced high-end real estate investors. The home is located in a golf course community. Our borrowers...
by admin | Aug 27, 2014 | Arizona, Success Stories
Loan Amount: $337,500 1st / $135,000 2nd Rate: 9.99% 1st / 12.00% 2nd Appraisal Value: $675,000 Term: 6 months Lien Position: First This is another high end fix and flip house our borrowers purchased in August. As you can see in the pictures, this is a great home that...
by admin | Aug 27, 2014 | Arizona, Success Stories
Loan Amount: $318,000 1st / $53,000 2nd Rate: 9.99% 1st / 12.00% 2nd Appraisal Value: $530,000 Term: 6 months Lien Position: First These borrowers are experienced fix and flip investors who specialize in Maricopa County high end homes. They search out well priced,...
by admin | Jun 6, 2014 | Arizona, Success Stories
Loan Amount: $350,000 Rate: 8.25% Appraisal Value: $700,000 Term: 6 months Lien Position: First The Borrower is a fix and flip real estate developer of high-end properties in Maricopa County. The properties are remodeled and placed on the market. We have closed a few...
by admin | Jan 21, 2014 | Arizona, Success Stories
Loan Amount: $240,000 Rate: 7.99% Appraisal Value: $ 545,000 Term: 6 months Lien Position: First This is a referral from one of our repeat brokers/borrowers who will be managing the rehab and the re-sale of the property for the entity that purchased...
