Fix and Flip Facilitated by Rodeo Lending for Luxury $6,000,000 Estate in Hidden Hills, CA

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Property Type

Residential

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Loan Type

Purchase | Fix & Flip | Rehabilitation

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February 16, 2024

Fix and Flip by Rodeo Lending successful closure of a $6,000,000 purchase and rehab bridge loan for an opulent estate nestled within the prestigious enclave of Hidden Hills, CA. This financing venture highlights our commitment to providing tailored solutions to residential investors, empowering them to unleash the full potential of their properties.

Property Overview

This magnificent estate sprawls across nearly two acres of prime land, offering breathtaking mountain vistas that capture the essence of California luxury living. Boasting 6,625 square feet, the residence currently features five bedrooms and 6.5 bathrooms within the confines of an esteemed gated community. Outdoor amenities include a pool, spa, cascading waterfall, and a covered veranda complete with an outdoor kitchen, pool table, and bar—an entertainer’s paradise amidst natural splendor.

Rodeo Lending’s Contribution

Our seasoned client, an experienced residential investor, sought our expertise to finance the acquisition and renovation of this remarkable property. With our comprehensive bridge loan, our client gains the necessary resources to transform the estate, expanding it by approximately 2000 square feet. This expansion will introduce six bedrooms, 8.5 bathrooms, and a new media room, elevating the property’s appeal and value.

Closing Highlights

In-House Fund Control: Rodeo Lending’s integrated fund control system ensures streamlined oversight and accountability throughout the financing process, facilitating efficient disbursement of funds and project management.
Quicker Closing Than Bank: Our agile lending approach enables faster closings than traditional banking institutions, empowering clients to seize time-sensitive opportunities and expedite project timelines.
60% LTV Based on Completed Value: With a prudent loan-to-value ratio calculated based on the property’s completed value, our financing arrangement reflects sound risk management practices, optimizing financial leverage while safeguarding investor interests.

Conclusion

Rodeo Lending’s successful financing of the $6,000,000 Luxury Fix and Flip project underscores our unwavering commitment to excellence and innovation in residential real estate financing. We take pride in empowering our clients to unlock the full potential of their investments, realizing their dreams of luxury property investments.