Recently we closed a $1,033,000 Fix & Rent (BRRR) loan for an investor in Indian Rocks Beach, FL.

This client came to us after his original lender moved the closing date several times then bailed on him at the last minute, leaving our clients high and dry. We stepped in shortly after and got the loan closed in just a couple of days! We saved 2 loans for our client that was with this lender.

I don’t understand why some lenders do this. We are lending our own funds so when we make a commitment, we keep it.

The investor has a $301,735 renovation on this waterfront property, which includes full cosmetics, adding some additional space, and putting in a pool with an outdoor kitchen. After the renovations, they plan on refinancing and running a short-term rental.

Because we are lending our own funds, we were able to move quickly to close this deal with time to spare!

So, if you need a local, private lender who moves quickly, reach out to us!