Cetan Funds recently funded a multi-family bridge loan for the owners of a property in Salem, OR. This second-lien cash-out refinance helped these investors get the capital they needed to purchase another investment property in California. They will either sell the property or seek a refinance from a conventional source within the next 6-9 months.
Loan Purpose
Location
Loan Terms
$215,000 at 14% interest for 12 months
