We recently funded a $165,000 Fix & Flip loan for a client in Tampa, FL.

Our client, an Australian foreign national, faced hurdles securing financing from lenders for his fix and flip projects. Despite presenting solid deals and having the means to make substantial down payments, many banks and institutions were hesitant to extend loans due to his foreign national status.

This predicament forced our client to resort to cash payments for his projects, limiting him to just 1 or 2 at a time.

Fortunately, he was referred to us, and after a 3-minute review of the deal, we swiftly approved it then funded the loan a week later.

It’s clear to anyone with common sense that our client is an exceptional operator, and the deal he presented was equally outstanding. Unfortunately, it appears that banks and institutional lenders either lack common sense or opt not to employ it.

Regardless, we’re pumped to have assisted our client in closing this one successfully!

If you need a local private lender who moves quickly and uses common sense, reach out to us right away!