Category Archives: Bridge Loan


Apr

16

2013

Lake Tapps New Construction Loan

VERISTONE CAPITAL DEALSHEET LOAN AMOUNT: $266,000 FINAL SALES PRICE: $415,000 LOAN DATE: June 2012 to April 2013 LOCATION: Lake Tapps, Residential- King County TYPE: New Construction Financing, 6 month term with 3 month extension DETAILS: Veristone Capital partners with experienced builders to finance ground up construction on a case-by-case basis.  The subject property is situated on 1.23 acres in the Lake Tapps area.  This newly…

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Jan

28

2013

Greenlake Fix & Flip

LIBERTY CAPITAL DEALSHEET LOAN AMOUNT: $255,600 REMODELED SALES PRICE: $435,000 LOAN DATE: Sept 2012 thru Jan 2013 LOCATION: Greenlake Area, Seattle TYPE: Fix & Flip Loan, 6 Month Term DETAILS: This property was listed as a fixer, and sold quickly in early September, 2012 in under two weeks.  The borrower is an experienced real estate professional who oversaw the renovation of the property using a…

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