Fix and flip bridge loans have helped many out-of-state investors looking to purchase multi-unit properties like our client. This investor was used to doing deals with US Bank on multi-family properties across the country. However, since the pandemic, US Bank has...
The owner of an auto repair business in Highland Park, IL whose lease was up soon, was sick of paying rent and found a nice building to purchase down the street. He went to his bank to get a loan and everything was going along fine. However, one day the banker called...
If you are among the companies and individuals who invest in properties for profit, you may need to take out loans to finance your investments. The financing designed for this purpose is available in the form of investment property loans. These type of loans finance...
Our client owned an aerospace machine shop that had just been awarded a very lucrative government contract. He now needed the funds to purchase materials and pay the labor force while waiting for initial payment from the government. He went to his bank who he received...
Our Client had an expensive bridge loan that he used to rehab this multi-family building in Michigan. He had been searching for someone that could get him an 80% LTV on his development for a while. The cash flow was currently only allowing him to borrow around 75%....
Our borrowers were in desperate need of rehab money for another project they were trying to complete unrelated to this property. They had an existing loan of $1 million on this salvage yard and needed an additional $800K. Salvage yards are not the easiest properties...
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