Battle Born Capital, LLC closes a $1,000,000 First Trust Deed Loan in Indian Springs, Nevada.

Deal Features:

  • 61% LTV (loan-to-value) based upon an appraisal on the property.
  • 12-month term with optional 6-month extension.
  • Experienced borrower.
  • 11% net to investors (interest paid monthly).

This project consists of 40 single family finished lots in Indian Springs, Nevada. On which the borrower is going to build 1,850 square feet homes with 4-bedroom, 2 bathroom, 2-car garage and RV parking. Borrower is currently marketing the homes with a starting price of $230,000 and has over 120 people on the interest list. The rendering and floorplan can be found at https://touchstoneliving.com/indian-springs.

To learn more about Battle Born Capital, LLC please visit our website at:  www.battleborncap.com.

For more information regarding this loan or our overall lending capabilities, please contact us at 702-971-2238 or by email at astevens@battleborncap.com

 

Battle Born Capital, LLC

3275 South Jones Boulevard, Suite 105

Las Vegas, Nevada 89146

T 702.971.2283

www.BattleBornCap.com

NMLS: #1658143