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Acquisition 28th St
Use of loan: acquisition
Term: 2 months
Loan amount: $42,000
Loan to value: 50%
A real estate investor in Gretna found a single-family home in poor condition, which made it impossible to secure financing from a traditional bank. Needing fast capital to close the deal, they turned to Bluebird Loans. Understanding the property’s potential, we provided quick funding within 4 days, allowing the investor to purchase the property and save it from foreclosure. Within two months, the property was sold for a significant profit. Thanks to Bluebird Loans’ flexible financing, the investor successfully completed a profitable flip that would have otherwise been out of reach.