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Acquisition lakeview
Use of loan: ACQUISITION AND RENOVATION
Term: 6 months
Loan amount: $215,000
Loan to value: 70%
A real estate investor in Lincoln found an undervalued single-family home that was perfect for a long-term rental investment. The investor initially approached another hard money lender but was denied the full financing needed to close the deal. Frustrated by the setback, they turned to Bluebird Loans, where they were quickly approved for 100% of the purchase price. With immediate access to funds, the investor closed on the property, completed minor renovations, and quickly secured tenants. The home is now generating steady monthly rental income. Thanks to the fast approval and full financing from Bluebird Loans, the investor was able to build a profitable rental property without out-of-pocket costs.