A distressed 4/2 single-family residential property located in the rapidly appreciating Tampa Heights corridor.
LOAN AMOUNT
$390,000
Investor required 90% purchase leverage and rapid funding to secure a wholesale off-market contract assignment.
Closed $390,000 loan in 8 days with streamlined desktop valuation and zero tax return documentation.
The Outcome
Project executed on budget. Sold for $575,000 within 10 days of market launch.
Deal Highlights
LOAN AMOUNT
$390,000
PURCHASE PRICE
$290,000
RENOVATION BUDGET
$130,000
FINANCING
90% LTV + 100% Rehab
AFTER-REPAIR VALUE
$560,000
PROJECT DURATION
7 Months
More Deals
See how Adler Capital has structured financing across property types, markets, and deal sizes.
A portfolio investor acquiring their 8th rental found a tenant-ready SFR in Kendall - $575,000 purchase, tenant already paying $4,200/month on a 12-month lease.
Single-story coastal home in Old Naples requiring high-end luxury kitchen, imported tile, and full outdoor living pavilion.
A South Florida investor identified a fully occupied 4-unit in Hialeah - all 2/1 units, long-term tenants, $6,800/month gross rent. Purchase: $620,000. Cap rate coming in at 5.8% with upside on turnover.
