Loan #1 – Private Money Loan

Purchase of 14-Unit Multifamily Apartment Building in Phoenix, AZ Purchase Price: $280,000 Loan was for $182,000 at 65% LTV Loan was closed in 9 days from the date of the Purchase Contract due to a limited contract period. … [Read more...]

Loan #2 – Conversion To Conventional Loan

Conversion to Conventional Loan up to $224,000 The borrower was able to be cashed back $39,000 from his initial investment Loan closed in three weeks from date of application and an appraisal did not need to be ordered. … [Read more...]