Cetan Funds recently funded a fix and flip loan for a single-family home in the desirable Cedar Hills neighborhood of Beaverton, Oregon. The borrower purchased the property from a tired landlord looking to sell quickly and without hassle. One condition of the sale was that the home would be acquired tenant occupied. A cash-for-keys agreement was signed, setting a move-out date shortly after closing. Renovation work will begin once the property is vacant.
The project will be a full remodel. With a renovation budget exceeding $100,000, the entire interior will be updated, along with several key exterior improvements. The home sits just behind Cedar Hills Crossing, offering excellent walkability to shops, restaurants, and other amenities. It’s also just minutes from major employers like Nike HQ, making it well-positioned to attract strong buyer interest.
We originally funded this investor’s first flip earlier this year, and they’ve continued to build momentum. This marks their third project and another step in growing and scaling their business with our support.
Looking to grow your fix and flip business? Cetan Funds is here to help you take the next step.
Loan Purpose
At Cetan Funds, we make fix and flip projects happen. Our short-term financing is built for real estate investors who buy, renovate, and resell properties for profit, without the delays, restrictions, or property condition hurdles that slow down traditional lenders.
Our fix and flip loans are a great fit for investors acquiring distressed or outdated properties, experienced flippers who need capital for both purchase and renovations, and projects with strong resale upside in competitive markets.
Loan terms typically range from 6 to 12 months and can include financing for both acquisition and rehab costs. We move fast, with in-house underwriting, quick approvals, and a simple draw process that keeps your project on track.
Whether you are renovating a single-family home or repositioning a luxury property, we provide the speed, flexibility, and certainty to help you capitalize on opportunity and maximize returns.
Location
Beaverton, Washington County, Oregon
Loan Terms
$430,000 at 12.0% interest only on funds drawn for 9 months
