Cetan Funds recently funded a fix and flip in South Eugene, OR. The loan helped a couple purchase the property from an online foreclosure auction. The borrowers will be funding a full renovation of the property and are aiming to have the property sold by Summer of 2019. The borrowers are currently on-pace to have the property rehabbed and listed soon, and stand to make a healthy profit.

Loan Purpose

Fix & Flip Construction

Location

Eugene, Lane County

Loan Terms

$250,000 at 12% interest for 9 months