At Redleg Funding, we are all about great solutions.
This was a home that was in foreclosure.
Our client needed a quick and efficient financing option to buy the home out of the foreclosure.
The property already had a great tenant who wanted to buy the home but needed more time to get approved.
We financed him to 85% LTV on a rental loan.
The rental loan acted as a bridge where he is earning income while the tenant gets his affairs in order to buy the home from him.