Success Story
Fidelis Private Fund provided financing for the purchase of a single-family residential investment property with strong value-added potential. The site is 0.44-acre lot, purchased for the potential for future development.
The borrower, an experienced contractor with a proven track record in property rehabilitation, plans to add multiple ADUs to the site substantially increasing the value of the property.
Fidelis provided a $630,000 1st Trust Deed loan at 70% of the purchase price, with the added value of entitlements and future construction will result in an LTV ratio of 55% or less after completion.
Exit Strategy
A construction loan to finance the value-added property once entitlements are received.
Value Added
Fidelis enabled a smooth and timely acquisition, providing a tailored financing solution that empowers the borrower to transform the property and achieve strong returns. This transaction highlights Fidelis’ commitment to supporting investors with strategic, value-driven opportunities.
Another transaction where Fidelis Private Fund is helping our clients achieve their financial goals.
Another transaction where Fidelis Private Fund is helping our clients achieve their financial goals.