An Austin builder had a fully permitted infill lot in South Austin - 2,800 sq ft modern farmhouse targeting the $900K+ resale market. Total build cost: $520,000.
LOAN AMOUNT
$468,000
Builder had two other projects underway. Needed 90% LTC with a reliable draw process - no delays, no runarounds.
Adler Capital funded $468,000 at 90% LTC. 9-month build with 6 draws, each funded within 4 business days of inspection.
The Outcome
Sold for $947,000 - $47K over asking. Builder netted $312,000. Now has two new lots under contract, both financed through Adler Capital.
Deal Highlights
LOAN AMOUNT
$468,000
TOTAL COST
$520,000
LTC
90%
SQUARE FOOTAGE
2,800 sq ft
SALE PRICE
$947,000
BUILD TIME
9 Months
More Deals
See how Adler Capital has structured financing across property types, markets, and deal sizes.
A Miami-Dade investor bought a distressed 3/2 in Homestead at $215,000 - roof damage, mold in primary bath, and full gut-level renovation needed. Comps for updated homes: $380K-$410K.
A Dallas builder had two permitted lots in Frisco - 3,200 sq ft new construction homes in a neighborhood where comparable product was selling at $980K-$1.05M. Total cost per unit: $620,000.
An investor targeting the Delray Beach long-term rental market found a clean 3/2 near Atlantic Avenue - $485,000 purchase, tenant already in place at $3,950/month with 8 months remaining on lease.
