Cetan Funds recently funded a quick fix and flip loan in Portland, Oregon. This project was a simple renovation of an affordable single-family home. The property primarily just needed cosmetic updates, and the borrower was an experienced repeat client with Cetan. We were able to provide fast, flexible financing for most of the project. Upon completion of the remodel, the borrower has the option to reimburse their expenses and pull cash-out prior to the sale if needed. This is one of the many benefits of working with a flexible financial business partner like Cetan Funds when flipping homes. The property is now listed and we’re all excited for a quick sale at its affordable price.
Fix & Flip Loan
Portland, Multnomah County, Oregon
$290,000 at 12.0% interest only on funds drawn for 6 months