Mon - Fri : 8:00 - 5:00

$200,000 Purchase/Bridge Loan

$200,000 Purchase/Bridge Loan

Success Story

An excellent repeat client and experienced real estate investor was in escrow to purchase a residential investment property at a below-market price in Reno, Nevada and needed a lender that could close fast.

Fidelis Private Fund provided a $200,000 1st Trust Deed purchase loan. The market value results in a 60-65% LTV ratio. The average rent is $2,400/month, and using a permanent loan debt service, even at today’s higher interest rates, will generate a positive cash flow.

The exit strategy is to refinance with a conventional loan once the property is stabilized.

Value Added

The Fidelis Private Fund helped the borrower capitalize on a great investment opportunity with a quick close resulting in an asset generating a positive net cash flow. At the same time, making it a smooth and hassle-free loan process.

Another transaction where Fidelis Private Fund is helping our clients achieve their financial goals.

$625,000 Purchase/Bridge Loan $400,000 Refinance/Bridge Loan