When most people think about bridge loans, they think about using bridge loans to cover some of the upfront fees when selling a home. However, bridge loans can be the perfect funding solution for commercial projects. We discussed the theoretical reasons why a business would...
Nelson Funding is proud to announce the closing of a $5,870,420 construction loan for a 43-unit townhouse development in Bend, Oregon. The $5.8m senior construction loan was structured as a revolver allowing the developer to save on upfront origination fees. The interest rate is 10%...
Nelson Funding is proud to announce the recent closing of a $724,00 mezzanine construction loan to complete horizontal and vertical work of a 26 twin-home project in El Cajon, CA. The mezzanine piece combined with the senior debt arranged by Nelson Funding reflects a combined...
Nelson Funding is proud to announce the recent closing of a $5,197,500 senior construction loan to complete horizontal and vertical work of a 26 twin-home project in El Cajon, CA. Nelson Funding secured an 80% LTC senior construction loan that was able to close in...
For some business ventures, the only the entrepreneur needs to get started is an idea, a computer, and a little bit of startup capital. On the other hand, some operations require property acquisition, building construction, and more. Business owners often need funding assistance for these...
Nelson Funding is proud to announce the recent closing of a $1,794,000 senior mortgage for an 18-unit multifamily building in Ogden, UT. Nelson Funding was able to secure a rate of 7.99%. The client is renovating and improving the apartment complex. Nelson Funding secures $2m-$100m+ private...
Flipping houses can be a highly lucrative investment. With the price of real estate on the rise, the demand for move-in ready, attractive homes is greater than ever before. Entrepreneurial investors have an edge, therefore, in earning a handsome sum on flipping a property. However,...
Nelson Funding is happy to announce the closing of a $308,000 bridge loan in Salt Lake City, UT secured against a Class B Duplex. Nelson Funding was able to secure an interest rate of 8.49% at 70% Loan to Value (LTV) for the repeat client....
Nelson Funding is proud to announce the closing of an $850,000 bridge loan in Salt Lake City, UT. Borrower is a repeat client who wasn’t able to provide tax returns. Nelson Funding secured a 9.99% bridge loan at 70% LTV against a 14-unit Class B...
Nelson Funding is proud to announce the closing of a $2,200,000 Fix n Flip loan in Ogden, UT for a repeat client. Nelson Funding was able to secure a 70% Loan To Value, 100% of Rehab Cost loan at 9.5% interest to refinance and rehab...
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