Fix & Flip Loan for SFR with Partition in Eugene, California

Funded by Cetan Funds, LLC

$700,000

Deal Details

Private Loan Type

Purchase

Approx. Funding Date

03/22/2018

Property Type
2-4 Units Residential
Single Family Residence
Property City

Eugene

Property State

OR

Lien Type

1st Mortgage

Payment Type

Interest Only

Lot Acreage

1

Deal Summary

Cetan Funds, a private money lender based in Oregon, funded a $700,000 1st lien position fix and flip loan for a single-family home in Eugene, CA. The Developer acquired an existing 1-acre parcel to fix and flip the existing home and auxiliary dwelling. They plan to partition into 5 separate lots. This SFR fix and flip loan was funded in March 2018.

Funded By

Cetan Funds, LLC

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