Difficult Land Deal - Closed!

$1,250,000 Bridge Loan

Vashon Island, WA

 

The Challenge:

  • Wetlands & water rights issues make lenders wary
  • Multi-family zone with historically constrained development
  • One of a kind parcel with NO comparable sales


The sponsor had searched for bridge-to-sale financing for months before contacting IGR Mortgage. We were able to secure funds after exhaustive sourcing of our capital network and the sponsor obtained capital recovery & positioning for a successful sale of the property.

 

Call to Discuss a Loan Scenario 503-504-2660

 

IGR Mortgage Services has been helping real estate investors, builders and business owners with financing options for over 30 years. In addition to hard money loans we offer the widest range of loan programs under one roof!

 
 
 

Interested in More Information?


If you would like more information about our loan programs or if you are an investor interested in learning about opportunities in secured trust deed investing please contact us for a personal consultation.


 
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