Business-purpose and commercial real estate financing inquiries

Case Studies

Closed transactions arranged and placed by Blue Fox Capital Corporation. Each page covers the situation, what the file needed, how it was packaged and the outcome in plain terms. Borrower details are anonymized. Only completed transactions appear here.

DSCR rental loan

DSCR cash-out refinance on a single-family rental in Bella Vista, Arkansas

  • Property type and market: Single-family rental, Benton County, Arkansas, owned by a Southern California investor.
  • The borrower’s problem: Wanted cash out of a free-and-clear rental for the investment business without documenting personal income. Small balance, out-of-state property, a credit score in the 500s, and a stale lien on title.
  • The structure we arranged: $202,000 30-year fixed DSCR cash-out refinance qualified on the lease at conservative leverage.
  • The outcome: Funded about eight weeks from application.

Commercial bridge loan

Bridge loan on two office buildings in Burlingame, California

  • Property type and market: Two small office buildings on adjoining parcels in Burlingame, San Mateo County, held by a developer’s LLC.
  • The borrower’s problem: The first mortgage had to be paid off while a condominium map was in process. Title showed unreleased payoffs and duplicate junior liens.
  • The structure we arranged: $12,000,000 first-position bridge loan with the existing junior lender subordinating.
  • The outcome: Funded about nine weeks from the signed term sheet.

Business-purpose second trust deed

Business-purpose second trust deed on a house in Upland, California

  • Property type and market: Single-family house in Upland, San Bernardino County.
  • The borrower’s problem: The owners’ business needed inventory capital and they did not want to replace a first mortgage worth keeping.
  • The structure we arranged: $335,000 private-money second trust deed behind the existing first, documented as business purpose.
  • The outcome: Funded and recorded about three weeks from the letter of interest.

Construction and rehab takeout

Rehab loan takeout into a DSCR loan on a fourplex in Desert Hot Springs, California

  • Property type and market: Fully renovated fourplex in Desert Hot Springs, Riverside County, held in an LLC owned by Blue Fox’s principal.
  • The borrower’s problem: A short-term rehab loan with draws was approaching its termination fee and maturity; the exit had to be a permanent loan qualified on the rents.
  • The structure we arranged: $382,500 30-year DSCR loan closed in the LLC, paying off the rehab lender.
  • The outcome: Funded and recorded about seven and a half weeks from application.

Have a scenario like one of these? Contact us with the address, the loan you need and your timeline.

Past results do not guarantee future results. Each transaction depends on the property, the borrower and lender approval. Blue Fox Capital Corporation arranges and places financing for real estate investors, commercial property owners and California homeowners as a licensed California mortgage broker. CA DRE 01527288 | NMLS 1840487.