Duplex
Rehab financing for a value-add duplex project in an up-and-coming submarket.
About the Loan
The investor needed a reliable lending partner who could understand the complexity of the deal and execute quickly without getting bogged down in red tape. Myers Capital provided a customized structure within 24 hours of the initial request.
- 85% LTC
- 100% Rehab Financed
- 12-Month Term
- No Prepayment Penalty
Outcomes
The transaction closed smoothly and on schedule, empowering the investor to execute their strategy. This successful project established a reliable capital partnership for future deals.
$550,000
Loan Amount
85%
LTC
14
Days to Close / Term
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