Cetan Funds recently funded a Southern Oregon fix and flip loan for the purchase and rehab of a single-family home in the hills of East Medford. Prior to contacting Cetan Funds, the investor ran into funding troubles with another lender. Cetan Funds was able to finance a portion of the purchase price, the full rehab budget and an interest reserve to cover payments during the construction period. The borrower will soon sell the property for a significant profit.
$185,000 at 12.5% interest for 12 months