Las Vegas, NV – September 30, 2024 – Elite 1 Finance, a leading provider of hard money lending solutions, is proud to announce the successful funding of a $3,000,000 investment residential property in Las Vegas. With a loan-to-value (LTV) ratio of 75%, this DSCR (Debt Service Coverage Ratio) loan was secured against a vacant property, highlighting Elite1 Finance’s ability to provide creative financial solutions in challenging scenarios.
The client, who had been rejected by several traditional lenders, approached Elite1 Finance with a strict deadline to secure funding for their vacant property. Despite the challenges of financing a property without immediate rental income, Elite1 Finance was able to step in and deliver the funding quickly and efficiently, ensuring the client met their deadline and could proceed with their investment plans.
“We take pride in offering flexible and fast financial solutions when other institutions can’t. This particular deal was a testament to our commitment to helping our clients achieve their goals, even in complex situations like vacant properties,” said Elite 1 Finance’s CEO.
Elite1 Finance specializes in hard money lending and continues to be a trusted partner for investors and developers seeking fast, reliable funding. For more information about Elite 1 Finance and their wide range of financial services, visit www.elite1finance.com
About Elite 1 Finance:
Elite 1 Finance is a leading provider of hard money financing solutions, specializing in assisting real estate investors and businesses in securing fast and customized funding. With a focus on tailored loan structures and unconventional placement options, they empower clients to overcome financial challenges and achieve their goals
To learn more about their services, please visit: https://elite1finance.com/
Media Contact
Company Name: Elite 1 Finance
Contact Person: Media Relations
Email: Send Email
Phone: 314-341-9389
City: Atlanta
State: Georgia 30318
Country: United States
Website: elite1finance.com/