Cetan Funds recently funded a fix and flip in Springfield, OR. The loan funded the purchase price while the borrowers, who are experienced and repeat clients, funded the rehab. The major renovations were completed within the first 60 days. The property was sold for a significant profit just over 60 days later. This was Cetan's 4th successful flip with these borrowers in the past year.

Loan Purpose

Fix & Flip Construction

Location

Springfield, Lane County

Loan Terms

$175,000 at 11.49% interest for 12 months