Tuttle & Company
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Recent Transactions

Quick closings, creative financing, and various loan programs to match your private money needs. Tuttle & Company can cater to many property types and loan purposes.

Recent Transactions

 

Saratoga, CA

LOAN AMOUNT | $2,300,000
PURPOSE | REFINANCE
LTV | 62%
TERM | 24 MONTHS

Cash-out refinance of a luxury home in Saratoga. Loan proceeds are to be used to further the borrower’s real estate objectives. This was structured as interest-only bridge financing to allow the borrower lighter debt service.

Rio Rancho, NM

LOAN AMOUNT | $3,500,000
PURPOSE | PRE-DEVELOPMENT
LTC | 75%
TERM | 24 MONTHS

Horizontal development loan for a 156-lot subdivision in Rio Rancho, NM. This loan features a full-term interest-only rate in the low single digits at 75% LTC. Loan proceeds are to be used for pre-development.

Salida, CA

LOAN AMOUNT | $2,000,000
PURPOSE | PURCHASE
LTV | 65%
TERM | 12 MONTHS

Our loan facilitated the purchase of a 32-Bed residential care facility. A bridge loan was provided to allow the borrower to secure the asset, stabilize it, and exit through permanent financing.

1

Oakland, CA

Loan Amount | $1,225,135
Purpose | Purchase
LTC | 88%
Term | 12 Months

A repeat borrower was looking for a fix & flip loan to acquire this one-of-a-kind off-market opportunity. We were able to secure best-in-class flip financing for our client without an appraisal.

3

San Jose, CA

Loan Amount | $4,250,000
Purpose | REFINANCE
LTV | 65%
Term | 24 Months

Refinance of a legacy multifamily asset in downtown San Jose. We provided the borrower with cash-out to reposition the property and bring it to stabilization.

2

Oakland, CA

Loan Amount | $2,450,000
Purpose | REFINANCE
LTV | 82%
Term | 18 Months

Refinance of matured debt. We were able to provide for tenant improvements along with an interest reserve. This was done within two weeks and only required a desk-evaluation to establish value.

San Anselmo, CA

Loan Amount | $1,440,000
Purpose | Purchase
LTV | 82%
Term | 6 Months

This repeat borrower was looking for a short-term loan to get him into this incredible value-add opportunity. Our track record with the client allowed us to understand his vision and not burden him with excessive paperwork and stringent underwriting.

San Luis Obispo, CA

Loan Amount | $13,000,000
Purpose | Refinance
LTV | 57%
Term | 2 Years

Broken condo project located in the Central Coast of California. This required a new loan with cash out and partial releases. We were able to provide all of the above in a week and with no appraisal. 

Aspen, CO

Loan Amount | $2,000,000
Purpose | REFINANCE OF 2ND
CLTV | 55%
Term | 3 Years

The Borrower wanted extra cash out from his high-end rental property. Proceeds were used for additional investment property purchases. The loan involved limited documentation and was completed rapidly.