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U.S. Expat Buys Property
Case Studies#distressed property in Oregon to fix and sell#purchase a Flix-and-Flip property#short-term bridge loan

U.S. Expat buys distressed property in Oregon to fix and sell

Premela R. September 2, 2021 1 min read

The Client

U.S. Surgeon living in Toronto was looking to purchase a Flix-and-Flip property in Oregon as an investment, mainly to earn rental yield.

How We Helped

Fortunately for our clients, situations like this are our specialty. We secured a loan for ARV (after-repair-value) using a short-term bridge loan. Being an expat meant that our client had no W2 and lacked U.S. credit.

Loan Details

NationalityProperty ValueLoan AmountARVRate
U.S Citizen$550,000$302,50055%6.55%
TermAddressProperty TypePurposeLoan Type
12 MonthsCorvallis, OregonSingle-Family HomeFix-and-FlipResidential

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