Main Avenue

Buy and hold rental
4 Bedroom/ 3 Bathroom; 3,200 Sq. Ft.; 4.97 Acres; Year Built 1982
The borrower will work on stabilizing the property with a tenant. The borrower will refinance into a conventional loan once the rental has been established.

Hayne Road/N. Delaware Street

2 Day Funding
Cash-Out Refinance
Hayne: 4 Bedrooms/2.5 Bathrooms; 3,230 Sq. Ft.; 1.4 Acres; Year Built 1965

N. Delaware: 5 unit apartment complex; 5,060 Sq. Ft.; 5,700 Sq. Ft. lot; Year Built 1959

The borrower was in the process of purchasing a new home when their conventional financing fell apart. As a result their deposit was at risk.
They decided to complete a cash-out refinance on Hayne and N. Delaware to access the capital necessary for the purchase.
Their exit strategy is to sell Hayne Road and pay off the loan with the proceeds.

Granite Court

Purchase, fix and flip
4 Bedrooms/2 Bathrooms; 1,615 Sq. Ft.
This property is located near the prestigious Round Hill Country Club in Alamo.
The borrower plans on investing $250,000 in renovating this property prior to re-sale.

Pleasantglen Way

Buy and hold rental
4 Bedroom/2 Bathroom; 1,979 SF; 6,347 SF Lot; Year Built 1989
This property is located in a community called Laguna.
Once the rental is stabilized, the borrower will refinance with a conventional loan.

Chardonnay Court

Buy and hold rental
5 Bedrooms/3.5 Bathrooms; 4,620 SF; 20,874 SF Lot; Year Built 2006
This property is located in a north Vacaville gated community. The borrower is purchasing this property as part of a 1031 exchange.
Once the rental has been stabilized, the borrower will refinance with a conventional loan.

Benedict Lane

Buy and hold rental
4 Bedrooms/2.5 Bathrooms; 2,242 SF
The property is located in a nice neighborhood in Los Gatos.
The borrowers plan on leasing the home. In the meantime they are selling another investment property, which they will use to pay down our loan. Once the rental has been stabilized, the borrowers will refinance with a conventional loan.

Alola Stree

Purchase, fix and flip
2 Bedroom/1 Bathroom; 1,554 SF
The borrower is planning on investing $50,000 in the remodel before returning to market for re-sale.

10th Street

Purchase and Renovation
3 Bedrooms/2 Bathrooms; 1,979 SF; 7,511 SF Lot; Year built: 197

This property is located in a very desirable neighborhood of Santa Monica.
The borrower is planning to add 1,000+ squire feet to the property with a re-sale of $5,500,000

62nd Street.

Purchase/Flip
2 Bedroom/ 2 Bathroom; 1,880 SF; Duplex
This property is located in the Bushrod neighborhood in North Oakland.
The borrower plans to renovate the property, which included adding 1 bedroom/1 bathroom to each unit.

Villandry Drive

Refinance/Rehab
6 Bedroom/ 4 Bathroom; 6,800 SF; 2 Acres; Year Built 2016
The property is located in a premium Development called Martis Camp in Truckee, CA. The property is currently under construction with the framing complete, as well as rough electrical and plumbing done.
The borrower plans on completing this luxury estate with the funds provided.
Funded: 6/01/2016