Featured LoanCOVID-19 – 75% Fix and Flip Financing in San Francisco
Loan Amount: $732,500
Loan-To-Value: 75% LTV
First Capital Trust Deeds funded a 75% LTV fix and flip financing loan in San Francisco for a long-time borrower client who sourced this fixer upper very well and secured a discounted purchase price. The trust deed investor funding the loan had made a few loans to the borrower over the past few years and expects that this loan will pay off within 3-4 months as the borrower completes renovations quickly, consistently getting properties back on the market within 60-90 days.