Funded Deals

Owner just evicted a tenant and property was vacant with damage that needed to be fixed. IPL obtained 75% DSCR cash out with a better rate than what the borrower currently had.

We connected with this client through Bigger Pockets and funded her first fix and flip at 90% LTC.

SFR/Townhome DSCR based refinance at 75% cash out for high net worth client who owns over 200 residential properties. We were able to take a strictly subject property based approach to underwriting this deal rather than having to dig through global cash flow on the expansive portfolio.

This was the 6th BRRRR we helped fund for our clients in San Francisco who invest in Cleveland Ohio. This one was textbook with a strong DSCR at 75% LTV cash out.

Lemon Ave was purchased for a full gut renovation project by a very experienced developer. With over a half-million in renovations, and the final product being a fully custom luxury home, ARV comps for appraisal became a challenge even for experienced appraisers. After multiple attempts at valuation, one appraiser quitting the assignment altogether the day before our COE date, we were able to get all parties comfortable with an estimated value, and closed the loan on-time without an appraisal in-file.

Our repeat DSCR loan client completed this beautiful BRRRR in Benton Park West (STL, MO) and was able to leave no cash in the deal while maintaining a strong monthly cash flow position.

This experienced investor was used to their local bank’s typical commercial terms (ARMs/Balloons) and was shocked that we could cash out refinance as high as 75% LTV into a true 30 year fixed note on a 5+ unit MF property.

We funded 90% of the purchase price + 100% of the rehab budget for this experienced California Flipper/RE Agent with NO APPRAISAL. (simply a virtual inspection with internal ARV analysis).

This borrower executed this awesome AirBnBRRRR on the Central Coast and we qualified this cash out refinance using income from both the main house and ADU for the DSCR calculation.