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eTradeWire News/10801158
LOS ANGELES - eTradeWire -- Flexi-View Lending, a leading provider of real estate investment financing solutions, is proud to announce the successful closing of a $5.9 million fix-and-flip loan for a residential investment property located in Ponca City, Oklahoma.
The loan was structured with an 80% loan-to-value (LTV) ratio, offering the borrower the flexibility and capital needed to revitalize and reposition the property for resale. The 12-month term loan features an interest-only payment structure at a competitive interest rate of 8.55%, with no prepayment penalty—giving the investor maximum control over their exit strategy.
"This transaction highlights our commitment to providing creative, investor-focused lending solutions," said James McDonough, Managing Director at Flexi-View Lending. "With no prepayment penalty and non-recourse terms, our borrower is well-positioned to execute their value-add strategy with confidence."
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The property, located in the heart of Ponca City, is set to undergo significant renovations, enhancing its appeal in a growing real estate market. The deal represents another strategic investment backed by Flexi-View's deep understanding of short-term real estate financing.
For more information about Flexi-View Lending and its suite of real estate investment financing products, visit www.flexi-viewlending.com
The loan was structured with an 80% loan-to-value (LTV) ratio, offering the borrower the flexibility and capital needed to revitalize and reposition the property for resale. The 12-month term loan features an interest-only payment structure at a competitive interest rate of 8.55%, with no prepayment penalty—giving the investor maximum control over their exit strategy.
"This transaction highlights our commitment to providing creative, investor-focused lending solutions," said James McDonough, Managing Director at Flexi-View Lending. "With no prepayment penalty and non-recourse terms, our borrower is well-positioned to execute their value-add strategy with confidence."
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The property, located in the heart of Ponca City, is set to undergo significant renovations, enhancing its appeal in a growing real estate market. The deal represents another strategic investment backed by Flexi-View's deep understanding of short-term real estate financing.
For more information about Flexi-View Lending and its suite of real estate investment financing products, visit www.flexi-viewlending.com
Source: Flexi-View Lending
Filed Under: Real Estate
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