Recently Funded
Fix and Flip Loan in Vancouver, Washington
Cetan Funds recently funded a fix and flip loan in Vancouver, Washington. This loan was on a single-family home in need of some updates but with a lots of potential including a large lot that could be developed in the future. The borrower was a young entrepreneur...
Construction Loan for Vacation Homes in Rockaway Beach, Oregon
Cetan Funds recently funded a construction loan for vacation homes in Rockaway Beach, Oregon. This loan was to a savvy, new builder who had picked up the land for a great deal in order to build 3 new vacation homes. He had invested significantly in the project and had...
Cash-Out Refinance for a Homebuilder in Woodburn, Oregon
Cetan Funds recently funded a cash-out refinance for a homebuilder in Woodburn, Oregon. This experienced builder is in the middle of building out a small subdivision he developed. Unfortunately due to rising interest rates and a market slowdown, a few of his finished...
BRRR Project Funded in Beaverton, Oregon
Cetan Funds recently funded a BRRR project (buy, rehab, rent, and refinance) in Beaverton, Oregon. The investor on this deal found a great opportunity to buy a single-family home in a great location at a discount thanks to a highly motivated seller who needed to close...
Fix and Flip Loan in Springfield, Oregon
Cetan Funds recently funded a fix and flip loan in Springfield, Oregon. This was the fourth flip for these borrowers. The property was in poor condition and needed plenty of TLC, although most of the work needed was cosmetic. They purchased the property in March 2022....
Residential Construction Loan in Depoe Bay, Oregon
Cetan Funds recently funded a residential construction loan in Depoe Bay, Oregon. The builder is self-contracting to potentially hold this property as a vacation rental. This speculative build is a 3-story home with stunning views of Boiler Bay, just north of Depoe...
Multifamily Construction Loan in Portland, Oregon
Cetan Funds recently funded a multifamily construction loan in Portland, Oregon. The developer had approved permits for a 12-unit apartment complex in SE Portland. He needed a lender with a streamlined process who could close fast and help the project get built...
Quick Residential Cash-out Refinance in Portland, Oregon
Cetan Funds recently funded a cash-out refinance in Portland, Orgeon for the purchase of a rental property for a local business owner. The borrower and his business had unfortunately been hit hard by the pandemic-related restrictions and shutdowns. He and his wife...
Manufactured Home Construction & Installation in Yoncalla, Oregon
Cetan Funds recently funded a manufactured home construction and installation loan for two new homes in Yoncalla, Oregon, about halfway between Eugene and Roseburg. When our borrower acquired this property, it had an old manufactured home on it of little to no value....
Spec Home Construction Loans in Seaside, Oregon
Cetan Funds recently funded two spec home construction loans in Seaside, Oregon. The investors on these projects have been purchasing lots in a highly desirable new subdivision in the hills on the east side of town. They are building homes to sell upon completion with...
Multi-family Rehab Loan in Cottage Grove, Oregon
Cetan Funds recently funded a multi-family rehab loan in Cottage Grove, Oregon. The borrowers had purchased this 17-unit apartment complex off-market at a heavily discounted price and their original plan was to gradually rehab the units using the cashflow of the...
Commercial Bridge Loan in Bend, Oregon
Cetan Funds recently funded a commercial bridge loan in Bend, Oregon. The borrower owned a 40-acre parcel with a large shop and other facilities where he operated his business. He needed a lender who could close quickly, provide him cash-out to help fund the coming...
Fix and Flip Loan in Portland, Oregon
Cetan Funds recently funded a fix and flip loan in Portland, Oregon for a couple of first-time investors. This project is a partnership between two long-time friends, one of which is a general contractor doing much of the work himself. The renovations will include...
Land Development Loan for Small Subdivision in Albany, Oregon
Cetan Funds recently funded a land development loan in Albany, Oregon for a small subdivision. This project is a partnership between an investor and a general contractor/homebuilder. Together they now own a lot that they are in the process of subdividing into 4 lots....
Duplex Construction Loan in Springfield, Oregon
Cetan Funds recently funded a duplex construction loan in Springfield, Oregon for a local real estate investment company. The investors plan to have the duplex built and rented within 6-8 months and will quickly seek more permanent financing upon completion. Cetan...