Rodeo Lending recently funded a $2,607,500 purchase and rehab loan in San Diego, California, delivering a financing solution under tight time constraints after the original lender reduced proceeds late in escrow.
With only three weeks remaining to close, Rodeo Lending structured the loan around the borrower’s liquidity needs and the property’s current debt service coverage ratio (DSCR). This strategic approach allowed the borrower to secure maximum proceeds while maintaining a smooth and predictable closing timeline.
The loan was secured by a 9-unit multifamily property located in a strong San Diego rental market. Rodeo Lending’s ability to move quickly, evaluate the deal efficiently, and control the funding process internally ensured the transaction closed without delays.
When timing, flexibility, and certainty of execution matter, Rodeo Lending delivers financing solutions designed to perform.
Loan Highlights
Loan Amount: $2,607,500
Property Type: Multifamily (9 Units)
Location: San Diego, California
Loan Type: Purchase and Rehab Loan
Key Features:
• Three-week close
• 70% LTCV
• In-house fund controlled
Why Borrowers Choose Rodeo Lending
- Nationwide expertise across Residential and Commercial Lending
- Fix and Flip, Ground-Up Construction, Bridge Loans, and DSCR financing
- Creative loan structuring for complex scenarios
- Concierge-level execution from start to finish
At Rodeo Lending, we deliver speed, sophistication, and certainty while helping investors solve challenges, complete projects, and capitalize on opportunity.
If your deal has tight timelines, reduced proceeds, or non-traditional challenges, Rodeo Lending can help structure a solution.
