10/16/2026
Ben Shrara recently closed a $1,428,500 loan for a 3-unit condo conversion in Washington, DC.
This was a more complex business plan than a typical fix and flip, with Express Capital Financing funding 100% of the $928,500 renovation budget.
The purchase loan came in at 89.9% Loan-to-Cost, with a projected $3.46M after-repair value, putting the loan at just 41.3% of ARV.
A strong structure for a project with a clear path to value.
Have a deal you’re looking to finance? Call (718) 285-0806 or use the link in bio to get started.