$5,400,000 Financing Closed in 5 Days for Fix and Flip Property in Hollywood Hills

George Smith Partners secured acquisition financing within 5 days of application for a Fix and Flip property located in Hollywood Hills, CA.  The loan is fixed for one year with additional extension options available as needed.  The sponsor received a special price as long as they were able to close in 5 days. GSP used its experience and relationships to identify a lender who could close in that time frame and provide 65% of purchase price. The sponsor acquired the property to renovate and lease out and the lender was able to quickly underwrite the business plan.