Hey everyone! Our CASE STUDIES showcasing the real estate investment loans we have done for our clients give you real-life details about how other investors used our loan products to build their portfolios! From fix and flip and fix to rent loans to new construction, multifamily and rental loans, we do them all!
Highlights
Location: Riverton, NJ
Loan Amount: $302,400
iFC Loan Product: Bridge – Renovation
Property Type: SFH
Loan Closing Date: 10/07/22
Purchase Price: $125,000
Construction Budget: $309,200
ARV: $432,000
Loan to Cost: 70%
Length of Loan: 15 months
Overview
This investor unfortunately had a very bad experience with another lender before coming to us. He explains, “I came from a dishonest and bad lender. I needed to close fast!”
Once the investor was referred to us, Loan Officer Jack Pagliarini assured him we were a reliable partner and would close the loan. We worked hard to get the loan on the fast track, and closed the loan, as promised. Says the investor, iFC’s major asset was that they “understood the scope of the project and partnered with me to complete the vision,”
Customer Benefit
Our reliable funding allows us to close loans when other lenders cannot or will not.
Customer Feedback
“Jack was completely on board with the communication needs I had, given my previous negative experience with another lender.”