FB Pixel

CASE STUDY: $75K: 30-Yr Rental: Refinance: Cleveland, OH

Cleveland, OH

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


Location: Cleveland, OH 

Loan Amount: $75,000

iFC Loan Product: Rental: 30-Year Refinance

Property Type: Duplex

Loan Closing Date: 03/11/2022

Length of Loan: 30-Year Fixed



Our always-on-top-of-it iFC Loan Officer, Andrew, met this investor at a local meetup. The investor wanted to purchase a duplex in order to do a house-hack in Cleveland, OH. However, due to her debt-to-income situation, she was not able to get a loan. Andrew was able to find a creative i Fund Cities solution for this customer.


We refinanced the customer’s existing FHA loan, which made room in her debt-to-income which, in turn, allowed her to purchase another property with an FHA loan.  

Key Loan Benefit to Borrower:  

Thanks to iFC’s ability to think outside of the traditional lending box for our client, this borrower was able to qualify for another rental loan, which allowed her to grow her portfolio with an income-producing duplex.  

Customer Feedback:  

The customer was wowed that i Fund Cities could do this refinance. ““This is amazing! I didn’t know I could refinance my house at all,” she said. 

Recent Resources

CASE STUDY: $700,209: Bridge, Cash-Out Refi: Sarasota, FL

The client received a new loan with an increased budget, along with reimbursement for the funds he already had invested into the project. He received all of this quickly and efficiently while having the confidence of working with a lender he knew could actually close. 

Read More »

CASE STUDY: $478,000: New Construction: Charlotte, NC

Due to our varied source of funding, which gives us reliable funds, even in choppy waters, iFC is continuing to fund projects, even when other lenders can’t. 

We LOVE the North Carolina market, and we are committed to continuing to lend to our customers! 

Read More »

CASE STUDY: $271,600: 30-Yr Rental Loan: New 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 »

i Fund Cities