This month's featured loan is a single-family fix and flip in University Place, WA, a strong example of how Cascara Capital structures renovation financing to give borrowers the leverage they need to reposition a property and deliver a clean exit.
Cascara Capital funded this University Place fix and flip at $420,000, structured at 73% LTV and 80% LTC with a 6-month term. The borrower completed the renovation and sold the finished home for $600,000, a strong outcome that reflects both quality execution on the renovation and healthy demand in the University Place market. It's a clear example of how the right fix and flip loan gives a borrower the runway to renovate with confidence and deliver a clean exit.