Cetan Funds recently funded a fix and flip loan in Salem, Oregon for a small single-family home. The property was acquired by a team of experienced investors who also run their own construction company. Located just north of downtown Salem, the home is ideally situated near shops, restaurants, and schools, making it a great candidate for an affordable, entry-level resale.
The borrowers are planning a light cosmetic renovation focused on improving curb appeal and updating the interior. Exterior upgrades will include a new roof and new siding—two areas where the borrowers bring deep professional expertise. With their background in roofing and siding, they’ll be doing the work themselves, keeping costs low and timelines tight.
This was a purchase-only loan, with Cetan Funds providing 100% financing for the acquisition. The borrowers are covering renovation costs, loan fees, and closing costs out of pocket, demonstrating strong skin in the game and a commitment to project success. As repeat clients, we’re confident they can deliver good results, and we’re excited to support them again as they continue to grow their real estate business.
Looking to finance your next flip or build your portfolio? Cetan Funds offers fast, flexible funding to help you move quickly and scale with confidence.
Loan Purpose
At Cetan Funds, we specialize in funding fix and flip projects like this one in North Salem. Our short-term loans are designed for real estate investors who move quickly—acquiring, renovating, and reselling properties for profit without the red tape of traditional financing.
Whether you’re updating a dated rental, like our borrowers in Salem, or tackling a full-scale remodel in a hot neighborhood, our loans are built for speed and flexibility. We fund both acquisitions and renovations, offer terms from 6 to 12 months, and make decisions in-house—so you’re never waiting on a bank.
Experienced investor or just getting started, we’ll help you stay competitive, close fast, and keep your project moving with a simple draw process and clear communication every step of the way.
Ready to fund your next flip? Let’s build something.
Location
Loan Terms
$187,000 at 12.0% interest only for 6 months
