At Rodeo Lending, we specialize in creative financing solutions for real estate investors. Our Auburn WA delayed purchase and rehab loan highlights how investors can move quickly and efficiently, even when traditional lenders create obstacles.
The Challenge
Investors purchased a 3-bedroom, 2-bath ranch-style home at auction in Auburn, WA and needed immediate funding to recoup cash and finance renovations. Traditional lenders required seasoning periods and slow approval, which delayed the project and limited potential profit.
Our Solution
Rodeo Lending structured a $440,000 Auburn WA delayed purchase and rehab loan, providing:
- 90% loan-to-purchase
- 68% loan-to-as-is value
- 71.5% loan-to-completed value
This allowed the investors to secure cash for renovations, cover acquisition costs, and move forward efficiently, all without waiting for traditional lender restrictions.
The Outcome
With funding in place, the investors can renovate the property quickly and prepare it for sale. They now have confidence in pursuing future auction purchases, knowing that Rodeo Lending offers flexible, high-LTV financing solutions.
Why Auburn?
Auburn’s proximity to Seattle and growing rental demand make it an ideal market for spec homes and rehab investments. With proper financing, investors can capitalize on property appreciation and strong rental income potential.
Why Investors Choose Rodeo Lending
- Flexible, high-LTV funding for rehab and delayed purchase projects
- Investor-centered approach focused on property performance
- Fast, reliable closings for competitive markets
Partner with Rodeo Lending for DSCR Loans
From rehabs to flips, Rodeo Lending provides financing solutions that allow investors to act quickly and maximize profitability in Auburn’s growing real estate market.
