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Richardson, Tx - March 2020
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!