Cetan Funds recently funded a residential rehab fix and flip loan in Eugene, Oregon. The home was sold as a contractor special, with renovations left partially completed by the previous owner, creating a clear opportunity for a value-add rehab.
The property is located in an established Eugene neighborhood and features strong fundamentals, including attractive golf course views. However, unfinished work and deferred updates made it a poor fit for conventional financing. Our borrower stepped in with a plan to complete the renovation and reposition the home for resale.
The scope of work includes finishing the incomplete construction and completing a full cosmetic refresh. Planned updates focus on the interior layout, kitchen, bathrooms, flooring, paint, and other key finishes needed to bring the property to market-ready condition. The goal is a clean, efficient rehab that maximizes appeal without expanding the home’s footprint.
This project was well suited for private money. The condition of the property and the short-term fix and flip strategy required a flexible lender comfortable underwriting an incomplete asset and a defined renovation plan. We worked closely with the borrower to structure a loan that supported the rehab timeline and execution.
Have a fix and flip or rehab project coming up? Cetan Funds provides flexible private money loans for residential and commercial rehab projects across Oregon and SW Washington.
At Cetan Funds, we provide flexible fix and flip financing for value-add residential projects like this Eugene rehab. Our loans are designed for properties that need real work. Incomplete construction, deferred maintenance, or cosmetic updates that fall outside conventional lending guidelines.
Whether you are purchasing a contractor special, finishing a partially completed renovation, or repositioning a home for resale, our fix and flip loans can fund the acquisition, the rehab, or both. We focus on practical underwriting, realistic timelines, and clear communication so investors can execute efficiently and stay on schedule.
We work with experienced and first-time flippers alike, structuring loans that align with the scope of work and exit strategy. Our in-house draw process is straightforward and responsive, which is critical when progress and momentum matter on an active rehab.
Have a fix and flip project coming up? Cetan Funds provides private money loans for residential rehabs across Oregon and SW Washington.
Location
Loan Terms
$975,000 at 11.0% interest only on funds drawn for 12 months
