Monthly Archives: September 2016

2,186 SQ FT – Rental Dwelling Purchase

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Property Location: Collettsville, NC

Property Combined Value: $210,000

Loan Amount: $90,000

Interest Rate: 12%

Term: 24 Months

Closed In: 3 Weeks

Borrower needed funds for the purchase of a rental dwelling down the street from his current rental, he pledged free and clear real estate to obtain funds.

51,520 SQ FT Commercial Building – Refinance Loan

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Property Location: Marion, IN

Property Value: $450,000

Loan Amount: $90,000

Interest Rate: 12%

Term: 24 Months

Closed In: 2 Weeks

Borrower needed funds to assist with the payoff of his 1st position mortgage lender.