Looking to Unleash the True Potential of Your Investment Opportunities? See what our rehab program can do for you.

Indian Wells, CA - April 2020

Acquisition Price: $2,075,000

Resale Price: $5,495,000

Rehab Financing: $1,350,000

Term: 1 Year

This 7,272 sq. ft. estate shines in the spotlight as this month’s featured fix and flip.

The gorgeous contemporary property comes from an experienced investor in Southern California who, before working with CIVIC, was facing financial challenges. His previous lender only allowed a small percentage of the total budget for rehab, which put the borrower at risk of potentially having to spend personal funds to float the remaining costs.

As the investor’s existing loan was coming to maturity, he reached out to CIVIC for alternative financing options. CIVIC not only helped the borrower avoid paying default interest but we also quickly provided the necessary financing to help bring the property over the finish line. With a total loan amount of $3,850,000 (including $2,500,000 cash-out + $1,350,000 for Rehab Financing), CIVIC financed 100% of the remaining rehab budget to maximize the borrower's liquidity. Our financing allowed him to successfully finish this flip with an estimated profit of $1,645,000 (!!). He was also able to complete two additional flips simultaneously as an added benefit of leveraging his capital with CIVIC’s rehab financing.

Take a look at all of the before and after images below, or Click Here to check out another 'Flip of the Month' >>

Before
After
Before
After
Before
After
Civic Financial is an Equal Housing Lender

© 2020 Civic Financial All Rights Reserved. Located in Redondo Beach, California, Civic Financial Services LLC is a leading private money lending provider servicing the greater Los Angeles, Dallas, Phoenix, Seattle, Portland, Denver, Miami, South Beach, Tampa, Sarasota, San Diego, San Francisco, Irvine, Las Vegas, San Jose, Riverside, San Bernardino and surrounding communities. Civic specializes in short term, non-owner occupied and investment properties financing utilizing private hard money and bridge loans.

This is not a commitment to lend. Restrictions may apply. LTV limit is based on current, accurate appraised value. Civic Financial Services, LLC reserves the right to amend rates and guidelines. All loans are made in compliance with Federal, State, and Local laws. Civic Financial Services, LLC is a California Finance Lender under NMLS 1099109 and the California Department of Business Oversight License #603L321, AZ Mortgage Broker License #092863, FL Mortgage Lender Servicer License #MLD1536, ID Mortgage Broker/Lender License #MBL-9610, NV Mortgage License MB4419, NV Broker License #4443, NV NMLS ID #1410002, OR Mortgage Lending License #ML-5282, UT DRE Mortgage Entity License #10570639. Civic Financial Services, LLC is an equal opportunity lender. Powered by Lenderd.com - Mortgage Websites | Privacy Policy

X

Contact Us Today!

Lookin' Forward to Working with You!

Contact Mark Liker (720) 507-5315
Contact Mark Liker
Loan Status