FB Pixel

CASE STUDY: $167,600 Rental Loan: Savannah, GA

Savannah, GA
Hey everyone! Our iFC CASE STUDIES give you real-life details about how other investors used our loan products to build their portfolios!


Location: Savannah, GA 

Loan Amount: $ 167,600 

iFC Loan Product: Rental  

Property Type: Single Family Residential 

Loan Closing Date: 02/08/22


Purchase Price: $ 209,500 

Monthly Rental Income: $ 1,450 

Loan to Value: 80% 

Length of Loan: 30-Year Fixed 



One of our great broker partners originally referred this borrower over to Caitlin, one of iFC’s super-pro loan officers. We have now done repeat loans for this client. 

“The borrower submitted a cash offer on this property,” says Caitlin. “She was using a method of ‘cash offer/delayed purchase’ to make the offers she submitted to sellers more attractive. However, she, of course, preferred not to use her own cash.” 

Explains Caitlin, “We were initially discussing a ‘delayed purchase,’ which is where the client purchases the property with cash initially, and then we finance the transaction within a short amount of time on the back end.” However, it was going to be more advantageous to the borrower if we could fund the deal before closing. 

“Closing was 2.5 weeks away,” recalls Caitlin, “so I worked quickly to beat the clock and close first, preventing her from using her own funds to initially close on the loan. “ 

This was a repeat borrower who does a lot of her business within a certain proximity, so getting the initial file together for processing was simple. Caitlin had a great appraiser in mind that delivered the report to iFC quickly. Adds Caitlin, “On the front end, I communicated the possibility we would fund with all parties involved with this transaction, so everyone was on the same page.” 

Key Loan Benefit to Borrower:

Smooth closing for not one, but two properties the borrower initially thought she would need to use her own cash to close on! 

Customer Feedback:

“The closing went well. You are very diligent, responsive, and helpful. Hope we will work together again in the near future,” said the client. “5 stars!”  

Recent Resources

CASE STUDY: $271,600: 30-Yr Rental Loan: Albany, OH

Says our borrower, “I’ve had the best investment home purchase experience ever with I Fund Cities. The process was a breeze. The loan officer was very knowledgeable, and the lending criteria is very transparent from the first phone call. There were no surprises! We closed in 10 days. I will definitely do more business with iFC.

Read More »

CASE STUDY: $500,000: New Construction: Magnolia, TX

After meeting with iFC’s solution-oriented Jack Pagliarini, we were able to find a full, hands-on approach to structuring the loan in a way that had the borrower bringing less to closing. The solution also gave the investors the flexibility to participate in the loan origination process and to help find an answer that was personalized to their needs. 

Read More »

CASE STUDY: $674,900: Portfolio New Construction: Salisbury, NC

This builder client is now building five new construction houses, without bringing any money to closing. 
In addition, by giving this client an 18-month loan, he has ample time to finish the construction of these houses, which would not have been the case with another lender offering 12 months with the threat of an extension fee.   

Read More »

i Fund Cities