Fix & Flip Loan in NE Washington DC
HMB recently lent on this single family house in Northeast Washington, DC. The client was purchasing the house for $200,000 at a auction with plans to fully renovate it and resell it around $400,000. HMB ...
HMB recently lent on this single family house in Northeast Washington, DC. The client was purchasing the house for $200,000 at a auction with plans to fully renovate it and resell it around $400,000. HMB ...
HMB recently lent on this row house in SE Washington, DC. The client was purchasing the house for $278,000 at a foreclosure sale with plans to fully renovate it and resell it around $500,000. HMB ...
HMB financed a real estate investors purchase in Kensington, MD. The investor has the property under contract for $650,000 and only wanted to finance $450,000 but had to close within 1 week to get the ...
HMB funded this single family detached colonial house. The borrower picked up the property via online auction for ~$210,000 and only needed some minor repairs. They were able to get in and out of it ...
We financed 80% of the purchase price and 100% of repairs for this experienced investors flip and flip in Silver Spring Maryland. He hopes to to fully renovate this project in 2 months ($70k budget) […]
We refinanced this clients free and clear rental property after their tenant moved out. They are taking advantage of the market and will fully renovate the house with plans to list at top dollar. Their […]
We recently financed this townhouse rental in Owings Mills Maryland. We funded 80% of the purchase money and 100% of the renovations for the investor. His goal was to take a quick loan from us […]
Because some clients have additional assets and properties they are willing to cross-collateralize it helps leverage their current purchases. We lent over 100% financing on this house and cross collateralized in 1st position another rental […]
We financed this strong fix and hold that an investor in Hagerstown Maryland purchased. We financed $160k with $25k heldback for repairs. The investor needed about ~40k cash to close. We closed in 4 days. […]
The client owned the building free and clear and wanted cash out to fully renovate it. It was an older apartment building that needed updating. We closed the loan as soon as title work was […]