CIVIC financing for this project helped this investing duo leverage their capital. With CIVICs 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!