Cetan Funds recently funded another fix and flip in Portland, Oregon. This older bungalow-style home in Northeast Portland needed a complete renovation. This flip was executed by an experienced group of investors in partnership with a general contractor they work with frequently. Quickly after rehabbing nearly every surface and repairing a back stairwell, they listed the property and sold it above their asking price, making a nice profit in just a few months.
Loan Purpose
Location
Portland, Multnomah County, Oregon
Loan Terms
$280,000 at 11.00% interest for 9 months