We are excited to share the details of Green Sage Capital’s recent closing!
Closing Snapshot: $1,500,000 Investor Purchase of 43 Acre Rental Estate located in Millville, California.
- $775,000 Loan Amount
- 12 Months
- 700+ FICO
- Full Recourse
- 52% Loan To Value
- 10.99% Interest Only (5 Year Treasury + spread)
- No Prepayment Penalty
The borrower was able to purchase the property quickly (10-Day close) and take advantage of a great rental property. The high rental income produced from this 4-bed, 3-bath, 3653 sq/ft house will set the tone for what luxury living is really like. After six months of stabilized rental income, the investor will refinance into a permanent long-term loan adding even more cashflow to the bottom line.
Call Us: We’re here! So give us a call if you have a similar scenario that you’d like to run by us. We’d love the opportunity to structure the right financing for you and your business.
Get To Know Us: We’d love for you to get to know us better. Head over and meet our Executive Team here.
