Executive OverviewSeeking a $375,000 first-lien bridge loan to purchase a 20-unit value-add asset for $350,000 with an integrated $25,000 rehab budget. The exit strategy is a refinance into a traditional 30-year DSCR commercial loan within 90 to 120 days based on a projected stabilized After Repair Value (ARV) of $550,000+.Collateral Structure ($0 Down / 100% Financing)Primary Collateral: First mortgage position on the subject property (4747 Annette St, Baton Rouge, LA 70805), currently valued at $375,000 as-is.Secondary Collateral: Cross-collateralized second lien on a separate, free-and-clear real estate asset valued at $107,900.Total Day-One Collateral Base: $457,900, representing an exceptionally safe entry Loan-to-Value (LTV) ratio of 81.8%.Property Status & Risk MitigationDay-One Cash Flow: The asset is 55% occupied with 11 existing tenants generating immediate rental income of $7000 a month, plus my $3000 a month income, a total of $11,000 to service the bridge loan during construction.Renovation Scope: The remaining 9 units are uniform 1-bedroom, 1-bathroom footprints requiring minor cosmetic turns.Project Management: I personally do this for a living, renovate large apartment complexes, my team usually handle 5 2 bedroom units in 7 days, so the units will be complete in a very short period of time, I plan to fill them as completed, bringing the $7000 monthly to $13,300 monthly. Execution will be managed internally by an experienced General Contractor. Sweat equity and wholesale material sourcing will limit rehab costs strictly to the $25,000 budget. All 9 units will be fully turned, leased, and stabilized within 90 to 180 days.. will be purchasing through LLC.
