Use of loan: Long-Term Rental Financing
Term: 30 Years
Loan amount: $90,000
Loan to value: 80%
Location: Pennsport
An aspiring real estate developer renovated this home and used Bluebird to refinance his construction loan into a long-term mortgage. Bluebird was able to provide 80% leverage to cash-out a large amount and still provide enough cash flow so the developer could receive income every month.