This month’s featured loan is a fix & flip on a single-family residence in Seattle, WA – a strong example of how Cascara Capital structures deals to maximize borrower flexibility and deliver a clean exit.
Cascara Capital funded this Seattle fix & flip at $969,000, structured at 75% LTV and 80% LTC with a 6-month term. The borrower completed renovations and sold the property for $1.41M, coming in $111K above appraised value. It’s the kind of outcome that reflects both a well-executed project and a loan structured to give the borrower the runway to get it done right.