Resources
Fix and Flip Loan on 3 Homes in Salem, Oregon
Cetan Funds recently funded a Salem fix and flip loan for 3 homes. All 3 homes were owned by a pair of investors who had acquired them as occupied rentals with significant deferred maintenance. They needed to leverage their equity in the properties, once the tenants...
Commercial Construction Loan for a Boutique Hotel, Restaurant & Beer Garden in Hood River, Oregon
Cetan Funds recently funded a commercial construction loan for a boutique hotel, restaurant and beer garden project in Hood River, Oregon. The investor working on this project purchased an historic building in the heart of Hood River. Previously a popular restaurant...
Quick Cash-out Commercial Refinance in Hillsboro, Oregon
Cetan Funds recently funded a quick cash-out commercial refinance of a building in Hillsboro, Oregon. The borrowers have owned this building as a family for many years. Unfortunately there was some deferred maintenance that needed to be addressed, and they needed a...
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...
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...