Fife, WA
$150,000

An experienced real estate investor that owns half a dozen multi-unit properties was in contract on a 4plex owned by a bank for $210,000 that required for him to close quickly “as is”.  The property needed about ~$5,000 invested in each unit along with another ~$5,000 on the outside of the building along with the landscape.  The borrower immediately updated the units as planned and got all four units rented within 90 days and refinanced our loan out with a new $335,000 appraised value.  He has used Liberty Capital as a lending partner on a total of three loans as he takes advantage of the great opportunities in real estate right now to build a rental portfolio.

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