Recently Funded Loans

SFR Detached Investment Property

SFR Detached Investment Property

Deal Summary: Subject property is a 2 story detached residence, 6 bedroom, 4 full 1 half bath. The lot is 0.92 acre with swimming pool, putting green, basketball court, and sand volleyball court. The interior has been completely remodeled. We photographed the property and it is in excellent condition. Exit Strategy: The property is currently […]

Single Family Residence Detached

Single Family Residence Detached

Deal Summary:  The borrower has owned several businesses in the Las Vegas valley, and rehabs investment properties as a side business.  He purchased this home in June 2014, has spent $30K in rehab expenses on the home, and currently has the home listed for sale. Exit Strategy:   The home is currently for sale, and the […]

Single Family Home in  Las Vegas

Single Family Home in Las Vegas

Deal Summary: Subject property is a 2-story detached single family residence, 5 bedrooms, 3 full, 1 half bathrooms.  The unit was constructed in 1998 and is in excellent condition.  The property will be used as an investment property.  Exit Strategy: He will also be working with an institutional lender for a refinance early next year […]

Car Lot and Office Building

Car Lot and Office Building

Deal Summary: Subject property is a 0.55 acre car lot with small sales office on site.  Talmer West Bank acquired the 2 parcels through foreclosure in April 2014.  The bank is selling the property to the business currently operating on site. Exit Strategy: Pay off loan through operating income from business Loan Information: Property Type: […]