A case study without figures persuades nobody. Each of these shows what the borrower paid for the property, what the work cost, what we lent against it and how the loan came off the books.
Placeholder content. Deal figures, addresses and photography below are illustrative. Replace with funded loans once written borrower permission is on file, and confirm every figure against the closing statement before publication.
A four-bedroom frame house bought out of an estate with original systems and a failed rear addition. The borrower had finished six houses within a mile of it. Scope was mechanicals, kitchen, two baths and rebuilding the addition on the existing footprint.
Listed in month eight, under contract in eleven days, repaid in month nine — three months inside the term.
A courthouse auction with a ten-day settlement. The borrower had the equity but not the liquidity to close in time. We issued a term sheet the day after the sale and funded on day nine.
Light rehab funded from the borrower's own capital; refinanced into long-term rental debt in month seven and held.
A vacant storefront with two residential units above, bought to be re-tenanted. No income at closing, so the loan carries an interest reserve through month nine and the advance was sized on as-is value rather than the stabilised figure.
Currently in draw. Retail lease signed in month five; takeout lender has issued terms subject to twelve months of seasoning.
