The following case studies describe recent transactions originated by GreenSpring Capital.
A real estate investor contracts to buy a residential property for 1.5 mill . The owner decides to entitle the building he recently sold his business and cannot qualify under new lending criteria, and hasn’t the money to pay cash.
GreenSpring Capital finances a new First Trust Deed while the borrower starts his new business enterprise. It’s the valuation of property is in excess of $2.40 million. The Loan-to-Value (LTV) ratio is 52% with protective equity of $725,000.00
A small business owner owns her SFR and she needs cash out for the advancement of her business. The borrower has strong income, her credit was damaged as a result of her divorce she requires short term business loan secured by her personal residence.
GreenSpring capital finances her property for a collective Loan-to-Value (LTV) ratio of less than 55%. The loan enables the owner to extract necessary cash for business purposes.
A borrower needs cash out of a non-owner occupied single family residence located in Pacific Palisades, CA. He does not have enough equity in this one property to meet the Collateral Group Loan-to-Value (LTV) requirements.
GreenSpring Capital provides the solution by cross-collateralizing a free and clear parcel of land owned by the borrower to meet the LTV ratio guidelines. The new loan provides needed cash for a divorce settlement, secured and unsecured creditors, and additional cash commitments. .
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