Acquisition Loan – Scottsdale, AZ

About This Project

This was a quick acquisition loan for E Joan De Arc Ave, Scottsdale, AZ 85254.

The borrower acquired the property with plans to scrape and build a new property with an estimated ARV of $3.8 million.

The loan was structured to accommodate both acquisition only financing and a potential full construction loan, depending on the borrower’s refinancing timeline once permits were secured.