An experienced investor with several multifamily properties across a few different states, needed to perform renovations on his Washington State holdings and consolidate debt across his portfolio. Owning his Washington State properties for quite some time, the borrower had deep equity that he could utilize to accomplish his goals.
Seattle Funding Group was quickly able to assess both properties, work with vendors to accommodate the renovations and close in a timely manner to satisfy his other debt obligations. The SFG provided renovation capital for the clients Washington properties will set up his real estate portfolio for years to come.
Why we like the deal
- Asset Class
- Funds used to improve property
- Clear exit strategy
- Well located within its sub-market.
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