Cetan Funds recently funded a fix and flip with land partition in Eugene, Oregon. This project included a simple land partition so the borrowers could split off a portion of the acreage to hold for a future development project. The existing home was rehabbed beautifully and once listed it quickly sold for enough to repay our entire loan, leaving our borrowers with a great piece of land to further subdivide and build new homes on.
Loan Purpose
Location
Loan Terms
$540,000 at 11.00% interest for 12 months
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