Success Story
An experienced investor requested financing to refinance an existing loan and facilitate the purchase of a mixed-use income property. The transaction includes paying off an existing loan, providing a cash-out component, and securing a new loan structure under a newly formed entity.
The property features a well-located, fully leased mixed-use building comprising retail and residential spaces, delivering steady income potential. Fidelis provided an $875,000 1st Trust Deed loan, leveraging a conservative 55% loan-to-value ratio based on the appraised value of $1,590,000.
Exit Strategy
The borrower intends to refinance with conventional financing or sell the property.
Value Added
Fidelis facilitated a seamless refinancing process, enabling the borrower to unlock property value and maintain financial flexibility. This loan underscores Fidelis’ commitment to providing custom financing solutions for investors in dynamic real estate markets.
Another transaction where Fidelis Private Fund is helping our clients achieve their financial goals.