Done Deal: Lahaina, HI Newly Constructed SFR with ADU (DSCR)
Flipside Lending recently funded a DSCR loan for a newly constructed single-family residence with an accessory dwelling unit (ADU) in Lahaina, Hawaii.
Flipside Lending recently funded a DSCR loan for a newly constructed single-family residence with an accessory dwelling unit (ADU) in Lahaina, Hawaii.
Flipside Lending recently funded a DSCR loan for the acquisition of a two-bedroom condominium in Kailua, Hawaii. The borrower contributed $215,000 through a 1031 Exchange, with Flipside financing the remaining balance.
Flipside Lending recently funded a $1.9MM fix and flip loan for the acquisition and light renovation of a 3-unit residential property in Charlestown, Massachusetts. The sponsor’s business plan is to complete targeted non-structural updates (new kitchens, added bathrooms, and selective wall relocations) before converting the property into three high-end condominiums for resale.
Flipside Lending recently closed a DSCR refinance for a portfolio of eight stabilized townhomes in North Carolina. The sponsor had acquired the properties through an acquisition bridge loan that we originally funded, and subsequently executed a successful lease-up strategy across all units.
Flipside Lending recently closed a $2.4MM acquisition bridge loan for an experienced sponsor purchasing a portfolio of 18 newly constructed townhomes in Albemarle, North Carolina.
Flipside Lending recently funded a $2.35MM bridge loan for the acquisition of a 4-unit Boston brownstone—closing the deal in just 6 business days from start to finish.
Flipside Lending successfully funded a light renovation project in the luxury residential market of Westport, Connecticut—one of the most competitive and high-value zip codes in the Northeast.
Flipside Lending recently funded this ground-up construction project consisting of three single-family homes in the growing Boise, Idaho market.