Weatherford, TX

Sridhar Capital completed a $250,000.00 1st TD Loan in June 2023. The property is a Single Family rental home located in Weatherford, TX. Loan to Value ratio was 57%. The property was in default, with a trustee sale date imminent. Sridhar Capital’s 12-month Bridge loan funded quickly enough to allow the Borrower to payoff the bank loan in foreclosure, as well as provide enough cash for the Borrower to reserve several months of interest payments.