Recent Deals

A seasoned apartment investor and repeat client used our bridge loan to purchase this off market apartment complex. The property was 100% occupied but rents were far lower than market comps in the surrounding area. Our loan will be used to rehab the interior units and make some small but much needed improvements to the exterior. Our borrower will be filling up the building with higher quality tenants at market rents. Once stabilized he intends to refinance with a conventional bank loan.

This property was purchased from a seller that was in need of a quick cash sale. The home had deferred maintenance and needed a moderate rehab but was located in a great location just blocks from the beach. Our borrower used our loan to purchase the property and finished the improvements in just 45 days. The home was listed and quickly re-sold in just 25 days at a significant profit.

A trusted client recently purchased an off market 18 unit apartment complex in a good area of Southern Tennessee. The borrower needed a bridge loan due to a short 10 day closing window. After repairs are completed, the borrower intends to exit with a conventional bank loan.

Our loan was used to purchase and rehab this Mixed Use Project in the historic North Park District of San Diego. The property is in a great location but has deferred maintenance and under market rents. Our borrower will be investing over $240,000 in capital improvements which include new exterior finishes and tenant improvements. Once complete the ground floor will house a micro brew tasting room and retail space. The second story residential units will be reconfigured and remodeled. Once complete the property will generate significant cash flow to the borrower. Their exit plan is to refinance with a conventional lender and place this property in their portfolio as a long term hold. This is a project that has significant community support and we are honored to be a part of it.

This borrower called Windvest after being declined by a bank. The property consisted of 7 units and a Single Family Residence that was beautifully remodeled. The property was 100% occupied, located in a very desirable location, and in excellent condition. The issue was lack of rental seasoning. Our loan was used as a bridge until the borrower can refinance with a conventional lender after 6 months of rental history. We were able to provide a competitive rate due to the borrower's strength of credit, property desirability, and low LTV.

This rehab deal came from one of our regular borrowers. The property was purchased at well below market value and only needed some general cosmetic upgrades. Repairs were completed in less than 30 days and the investor succeeded in achieving a selling price much higher than expected. Another successful deal for both the investor and our company.

Another great rehab project by one of our trusted borrowers. The property was purchased out of probate and quickly remodeled within the first 30 days of our loan closing. The home sold at a sizable profit to the investor within just a few days on the market.

This 41 unit apartment building was in contract for 4 months but the conventional lender was unable to fund in time. The mortgage broker called us in with just 10 days to spare before the contract expired. Windvest was able to close in 9 days, ultimately saving the transaction and giving the buyer an opportunity to get his conventional loan after closing with us. The property is 100% occupied and the buyer plans to raise rents after making extensive property improvements.

A successful business owner who currently operates 2 body shops in San Diego decided on this property to house his 3rd location. The SBA loan was taking too much time and the buyer had only 14 days left in his contract. Windvest was called in at the last minute to provide bridge financing to acquire the business and the property. The borrower plans to refinance within 6 months with the SBA

Mid-century modern homes in Palm Springs are big money. The problem with this house? It was Spanish. At least it was when our borrower purchased it. For just over $100,000, they ripped off the Spanish tile roof, the Spanish arches, and smoothed the stucco. By the time they were done, it was the quintessential mid-century modern home that most buyers are looking for. With some expert vision, a neglected home that nobody cared about is now literally stopping traffic. This property is proof that the investor's knowledge and expertise can be more important than even the property itself.

This is a tiny house, so one would think that the remodel would be basic, but the condition of the home was really terrible. The house was taken basically to the studs and rebuilt from the inside out. Not a project we would want for every borrower, but because this particular borrower is a true pro, a frequent borrower, and only wanted a loan of 45% of the ARV, it was easy to approve. Currently complete and awaiting it's new owner.

This property sold for slightly less than the borrower had originally planned. That is just a part of the risks of this business. This is one of our more frequent borrowers and they have a full team of pro's, so this was not a matter of a borrower not knowing what they were doing. Markets fluctuate and you can never predict exactly what future borrowers are going to do. What this borrower did absolutely perfect was their review of this project BEFORE they purchased it. They did not underestimate their costs, and they made sure there was a large enough margin to make it feasible prior to jumping in. Because of their review, they still had plenty of profit even at a lower sales price. They made a decent profit and were able to quickly move on to the next project.

This was a short sale our borrower had to wait almost 6-months to close on. It turned out to be well worth the wait. No surprises during the remodel, and it was under contract in under 30 days. The whole process, from the time they purchased until the time they closed on the sale, was only 132 days. Don't avoid the short sales just because you may have to wait. They can be very lucrative.

This was a huge undertaking. The property was a complete mess upon purchase, and despite the fact that it was only 1,800 square feet, it needed about $90,000 in work. Once again, these buyers were able to sell it for even more than they hoped. Approximately $25,000 more. Successfully negotiating the purchase price, and making the right choices on what aspects to remodel are the two keys for a successful sale.

This is the kind of remodel every investor wants. After a very short 4 to 5 week remodel, this borrower was able to sell the property for $68,000 more than they expected...and with only 12 days on the market. Most of that increased value came from the excellent, strategic design choices they made. They removed a few walls to open the space, and really accentuated the mid-century aspects of the home with their finishing choices. Perfect combination of an amazing buy and an investor who really knows what they are doing.

This was a short sale, which means it took forever to get approval, which means the competition was much less than on other properties. The house did not make sense with it's existing 1/1 floor-plan, but these borrowers were able to turn it into a 2/2 without changing the footprint of the home. The perfect way to add value to a property. Windvest was able to close this in the name of the wholesaler, then refinance them out so the actual borrower could now be on title. We had to get a little creative so our borrower would not lose this great deal.

This project was a luxury home in a gated neighborhood. The home had not been cosmetically updated in decades. This borrower came in, gutted it down to the studs, moved walls, relocated the kitchen, and made it finally worthy of this multi-million dollar neighborhood.

This was a first-time borrower with us. Although he had real estate experience, he was also a first-time flipper. These facts did not keep us from lending to him. We catered a loan specifically to this project and to the fact that he was new, and it was a success for all involved. The project was remodeled beautifully, and will easily appraise for at least what we all expected prior to remodel. With Windvest on his team, this borrower is now on his way to completing multiple flips per year.

Not only was this property already in good condition, needing just very minor rehab, but it was under 1,000 square feet. Because it was in an extremely desirable section of Los Angeles, it was sure to be a quick sale once completed. This was an easy one to underwrite.

This property contained a tiny 1-bedroom home, but it was surrounded by townhouses. The borrower wanted to turn this one home into two on the lot. That much of a construction loan is not normally a loan that we do, but because the LTV was so low, his vision so good, and the timing in the market so perfect, we could accommodate the borrower. That flexibility in reviewing potential projects is exactly the advantage that an independent company such as Windvest offers. Both units sold. A successful endeavor for all involved.

There were several options on this project, from a basic cosmetic remodel all the way up to adding a second story and more than doubling the size of the house. We worked with the borrower to come up with the best option (somewhere in between basic and complete overhaul) and the project was a success. Sold, closed, and paid off with a profit for all parties.

This could have either been a simple paint/carpet/bathroom remodel, or it could have been taken to the next level with a room addition, moving the kitchen, etc... Since the ARV was so much more with the major remodel, and the purchase price was so great, the borrowers went with the full on, large-scale remodel. It turned out beautifully and is on the market looking for a new owner.

This home is the perfect example of the benefit of obtaining funding from a direct lender, rather than a broker. This is our largest loan amount to date, and well over our maximum loan amount. We would not normally do a loan this size, but this property was not to be missed. Exclusive gated neighborhood within an already stunning community, amazing potential floor plan, large lot, sparkling pool, and of course a purchase price that just could not be turned down. Because we trust this borrower so much, and the numbers were so perfect, we were able to increase our normal loan limit to get this funded. We set our own guidelines, but we have the luxury of altering those guidelines when a great deal comes along.

This property was ugly. Ugly structurally, ugly cosmetically, just ugly all around. It is also over 2,500 square feet, which makes for a huge project. Since this is one of our most trusted borrowers, we gave the green light, and today it is an absolutely beautiful home perched high up on its huge lot, the crown jewel of the neighborhood. Currently on the market ready to be sold.

Because this is one of our most frequent borrowers who have been flipping multiple properties every month, they were able to do a complete remodel on this property for much less than the average person would have paid. Another example of why it pays to get a good, solid team of people, and then to use them on every single deal. If you can keep them working, they can pass their 'bulk' savings on to you.

Another example of a beautiful property hidden under minor cosmetic flaws. Our borrower got this for a good deal because it was not "pretty" to most buyers. After putting in not much more than $40,000, our borrower was able to sell the property for well over $200,000 more than he purchased it...in just 11 days on the market!

Because this property was a short sale, our borrower had to wait approximately 5 months before getting an official approval on the purchase price he offered. The unknown wait time is the down-side of short sales, however it is this same wait time that drives away a lot of the competition for these deals, making short sales an excellent target for a rehab project.

We love it when former borrowers come back to Windvest. Not only were they satisfied with the first experience with us, but it verifies that we are competitive with our pricing. This borrower took about six months off from rehabbing, and then brought us this deal. They had a perfect pay history and an excellent quality of work on the previous deal, so we closed this new loan without hesitation...and had another successful flip for everyone involved.

Occasionally Windvest will lend up in Northern California, and when this deal came along we knew it was perfect for us. An experienced investor, buying at the right price, and the list he gave us of the work to be done was exactly what this property needed to add more value than the actual cost of the work. An easy deal thanks to the expertise of everyone involved.

This project was never finished by the builder. It sat empty for just over one year. Our borrower was able to take control of the project, and then simply had to finish the already great construction the original builder started. It was a quick, easy profit after spending some time in the field searching for empty/abandoned properties.

This borrower took a home that was almost condemned by the county and turned it into a true showcase property that the new homeowners, and the entire neighborhood, can now be proud of. Proving that even the ugliest home in the neighborhood can have a second life...and a profit can be made off of it with the right knowledge and the right team in place.

This was not an easy property. All the cosmetic work was done and the property was re-listed...but foundation issues were discovered when the walls started cracking. Our borrower did the right thing, took the property off the market, and spent a few months repairing the foundation. They even had to rip out flooring they just put in. All in an effort to deliver a quality product to the new owners. It was put back on the market and sold immediately.

This was a historic home with the potential for historic designation. Because of this, the borrower spent a little extra money to keep the integrity of the home intact, while completely modernizing it. The end result was a beautiful property, a wonderful home, and a lot of money for the investor.

This was a simple, standard, cosmetic remodel. Because of our past relationship with the borrower, and his dedicated professionalism, we were able to fund this deal within a couple of days, he remodeled it, put it on the market, and sold it...and the entire process took 103 days from funding to payoff.