Cetan Funds recently funded a fix and flip in Grants Pass, OR. The loan funded the purchase and rehab of a distressed property owned by Fannie Mae. The borrowers hired a licensed contractor to completely remodel the interior and clean-up and repair the exterior. The property will include a fully permitted ADU for additional value when the borrowers go to resell the property in a few months.

Loan Purpose

Fix & Flip Construction

Location

Grants Pass, Josephine County

Loan Terms

$180,000 at 11.99% interest for 6 months