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Acquisition emmet
Use of loan: ACQUISITION AND RENOVATION
Term: 12 months
Loan amount: $140,000
Loan to value: 65%
When a seasoned real estate investor in Omaha found a duplex with great potential but in need of repairs, they knew it could generate significant rental income. However, his traditional bank wasn’t willing to finance a property in need of renovation. That’s when they turned to Bluebird Loans. Within days, he secured a hard money loan with flexible terms, allowing him to purchase and renovate the duplex quickly. Just six months later, the property was fully rehabbed and rented out, producing a strong monthly cash flow. Thanks to Bluebird Loans’ fast approval process and customized loan options, they were able to turn a neglected property into a high-performing rental asset, growing their portfolio and income.