Richardson, TX – March 2020

Acquisition Price: $167,000

Rehab Financing: $51,875

Term: 1 Year

LTV: 72%

CIVIC financing for this project helped this investing duo leverage their capital. With CIVIC’s speed and leverage, the partners were able to close quickly for the acquisition of this off-market listing. CIVIC stepped up to the plate and financed 90% of the purchase price as the LTV was less than 80%.

With a makeover throughout the kitchen, living room and bedroom, the property was transformed from plain jane to a stunning and aesthetically pleasing space. So gorgeous, in fact, that it was sold within 2 days for an amazing profit of $127,725!

With the CIVIC team putting the right financing in place, we helped create another investor win!

Before
After
Before
After
Before
After
Loan Status
Need help? Click here for assistance!