08/16/2024
Lakefront Capital's Loan of the Week!
LFC provided a no money down hard money loan to a borrower who used a unencumbered duplex as collateral. The Borrower was able to acquire this duplex for $50k and use an additional $10k to make repairs and renovations prior to renting it out and getting it refinanced with a traditional bank.
It's fun to watch this real estate investor continue to add low cost high cash flowing properties to his portfolio!
Reach out to us today to discuss your next deal!