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  • Location: Springs, CO
  • Use: Marijuana Growing / Processing Facility
  • Rate: 6%
  • Loan Amount: $1,275,000

Deal Description

Marijuana Growing / Processing Facility
SBA 7(a) Land Purchase/Construction
Colorado Springs, CO. A time sensitive deal and TMF was able to finiance right on time.

  • Location: New Haven, CT
  • Property Type: Multi Family
  • Percentage of Purchase Price:
  • Loan Amount: $275,000
  • Exit Strategy: Fix and Flip

Deal Description

A connecticut hard money loan was used to purchase this property; at the time of closing, 8 of the 10 units rented and occupied. Purchase price was $350,000. After renting the final unit and establishing rental history, the client plans to refinance the property.

  • Location: Stone Park, IL
  • Property Type: Multi Family / Residential
  • Rate: 6%
  • Loan Amount: $200,000

Deal Description

An Illinois hard money loan was used to purchase this two-family property for $200,000 in Stone Park; the loan included a $40,000 rehab budget.  The ARV on the property is north of $330,000.  It is expected that the turnaround time for the fix and flip will be under 6 months.

  • Location: Dayton, OH
  • Use: Property Type: Duplex
  • Rate: 5%
  • Loan Amount: $120,000

Deal Description

The buyer was able to meet the specific demands of the buyer and The Mutual Finance Company was greatly instrumental providing a tailor-made loan that was very necessary to seal the deal in time Dayton, OH. A time sensitive deal and TMF was able to finiance right on time.