Featured Loan

Retail Commercial Private Money Loan

Loan Details

Loan Amount:  $300,000

Loan-To-Value:  40% LTV

Term:  60 Months

Situation & Challenge

The owner of this vacant retail commercial building wanted to pull cash out for future tenant improvements. Banks generally won’t lend to vacant buildings. But, private money lenders and individual trust deed investors will make equity-based loans.

The challenge was finding a lower cost structure lender to finance the property.

Solution & Result

First Capital Trust Deeds worked with an individual trust deed investor who makes loans through their self-directed IRA.

Both the real estate investor and trust deed investor met their goals. The property owner received a competitively priced loan with a five-year term while the lender made a relatively safe, low-LTV loan to a borrower with an established track record of success.

Do you have a similar financing scenario?
Inquire about your financing options with FCTD.