fundings
fundings
Funded Amount: $4,000,000
Type: 3 Residential Homes
Lender: Conventional & Alt. Common Sense
Location: Maple Ridge, BC
Loan-to-Value (LTV): 70%
listed for sale / financing
The client can now sell the properties at the right time, without the pressure of immediate payout.
Outcome & Key Takeaways
- Financing solutions help clients manage property sales at their pace.
- Conventional and alternative lending can be combined for flexibility.
- Strategic financing avoids forced sales.
The Solution
We provided a $4,000,000 loan at 75% LTV, combining a conventional variable mortgage with two alternative lending solutions. This gave the client the capital to hold
the properties and make payments through 2025, allowing time to sell over the next 6 - 10 months.
After completing three newly built properties, the client faced a payout demand from the bank, even after a 6-month extension. The client needed capital to hold the properties until sold. The bank’s demand left the client without enough funds to hold the properties while
preparing for sale.
The Problem
Funded Amount: $4,000,000
Type: 3 Residential Homes
Lender: Conventional & Alt. Common Sense
Location: Maple Ridge, BC
Loan-to-Value (LTV): 70%
listed for sale / financing
After completing three newly built properties, the client faced a payout demand from the bank, even after a 6-month extension. The client needed capital to hold the properties until sold. The bank’s demand left the client without enough funds to hold the properties while preparing for sale.
The Problem
We provided a $4,000,000 loan at 75% LTV, combining a conventional variable mortgage with two alternative lending solutions. This gave the client the capital to hold
the properties and make payments through 2025, allowing time to sell over the next 6 - 10 months.
The Solution
The client can now sell the properties at the right time, without the pressure of immediate payout.
- Financing solutions help clients manage property sales at their pace.
- Conventional and alternative lending can be combined for flexibility.
- Strategic financing avoids forced sales.
Outcome & Key Takeaways
