The Client
U.S. Surgeon living in Toronto was looking to purchase a Flix-and-Flip property in Oregon as an investment, mainly to earn rental yield.
How We Helped
Fortunately for our clients, situations like this are our specialty. We secured a loan for ARV (after-repair-value) using a short-term bridge loan. Being an expat meant that our client had no W2 and lacked U.S. credit.
Loan Details
Nationality | Property Value | Loan Amount | ARV | Rate |
U.S Citizen | $550,000 | $302,500 | 55% | 6.55% |
Term | Address | Property Type | Purpose | Loan Type |
12 Months | Corvallis, Oregon | Single-Family Home | Fix-and-Flip | Residential |