%202.png)
.png)
.svg){kind=icon}
.png)
State
Texas
Loan Type
Ground Up Construction
Loan Amount
$475,000
LTV (%)
60% of Lot Value + 100% Of Construction
Rate
11.99%
Points
2.25%
GUC LOAN Deal Summary
This ground-up construction project involved a 4-bedroom, 3-bathroom single-family home in a desirable Austin neighborhood. The investor secured a $475,000 loan with Ridge Street Capital to fund 60% of the land value and 100% of the construction budget, creating a pathway to significant returns in this growing market.
Key Highlights
- Strategic Financing: Provided 60% LTV on the land purchase combined with 100% of the $400,000 construction budget.
- Prime Location: The project capitalized on Austin’s robust demand for new construction in high-growth areas.
- Investor-Friendly Terms: The loan structure include an initial advance which allowed the investor to pull equity out of the lot and finance the first phase of the project.
.png)
.png)
.png)
.png)
.png)
.png)
.png)
.png)
.png)
.png)
.png)
.webp)
