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$450,000 Purchase / Bridge Loan

$450,000 Purchase / Bridge Loan

Success Story

A repeat client negotiated another below-market price to purchase a single-family investment property that needed little to no work.

This type of investment opportunity is hard to come by these days when there is not a lot of improvements to be done to create value. The buyer was scheduled to close in a few days and needed a lender that would perform and make it happen.


Fidelis Action

Fidelis Private Fund provided the borrower a $450,00,000 short-term 1st Trust Deed purchase loan with the borrower funding any improvement costs if needed. The purchase price was $585,000.

The exit strategy is to sell the property in less than three months for a market value of $700,000 or 64% LTV based on sale comparables.

Value Added

The Fidelis Private Fund helped the borrower capitalize on a great investment opportunity within a matter of days. 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.

$300,000 Refinance / Const. Loan $210,000 Purchase / Rehab Bridge Loan