Monthly Archives: February 2014

1,200 SQ FT Single Family Home – Rehab Loan

hantuba

Property Location: Lonsdale, MN

As Is Property Value: $50,000

After Repair Value: $85,000+

Loan Amount: 25,000

Interest Rate 13%

Borrower purchased out of pocket and did some renovations. We were able to provide her with a small bridge loan to finish the renovations.

2 – 4 plex Apartment Buildings + Duplex – Dayton, OH

2338 Davue Circle

2334 Davue Circle

810-812 Richmond Ave

Property Location: Dayton, OH

Property Value: $145,000

Loan Amount: $75,000

Interest Rate: 12%

We were able to assist these Canadian investors with the purchase of 2 4-Plex multi unit buildings. Borrower collateralized a 2 unit and brought money to closing.

26,000 SQ FT Commercial Building – Church Loan

Church_Exterior

Before Renovation:

Church_Inside_Before

After Renovation:

Church_Inside_After

Property Location: Philadelphia, PA

Property Value: $3,000,000

Loan Amount: $345,000

Interest Rate: 13%

Broker: 3%

We were able to provide a construction loan to this church for renovation to their 3rd floor.

1,400 SQ FT Single Family Home – Investment Property

hudson hard money lender

Property Location: Mablevale, AR

Property Value: $85,000

Loan Amount: $40,000

Interest Rate: 12%

We were able to provide a short term hard money loan on this rental home until the borrower sold the property.

3,500 SQ FT 4 Plex – Charlotte NC

PICTURE FRONT

Property Location: Charlotte, NC

Property Value: $120,000

Loan Amount: $65,000

Interest Rate: 12%

Canadian Investors who owned this free & clear. We were able to cash them out @ 55% LTV to help assist with their next project.