$250,000
  • University ofWashington – Rental Property

  • Seattle, WA
  • Residential

Borrower needed to clear up tax liens from his business and the IRS was making life very difficult. SFG made a loan to the borrowers on their rental property, owned free and clear, held in the name of a Trust. The borrower is now in good standing with the IRS. The subject rental property is 100% occupied, producing a nice cash flow and located near the University of Washington’s fraternity row.

LTV is 38%