A creative split deal and flexible funding structure unlocked a below-market buy with minimal cash in.
The Challenge
Opportunities like this don’t show up cleanly packaged.
A wholesaler had negotiated the purchase of a home and adjoining lot in Hesperia, California, for a combined $520,000, but the seller was firm: it had to be sold as a single transaction.
To make the deal work, the wholesaler structured a split within one escrow, assigning the house to our borrower for $407,000, while retaining the lot for themselves at $118,000 (cash purchase).
This created a strong opportunity, but also a complexity:
- The borrower needed to move quickly on an assigned deal
- The structure wasn’t “standard” from a lending perspective
- Timing and execution were critical to keep the transaction intact
- Minimizing cash into the deal would significantly improve the long-term hold strategy
On top of that, the borrower’s strategy wasn’t a quick flip — it was a buy, improve, and hold as a rental, requiring the right balance of leverage and liquidity.
The Result
Equidy leaned into the structure, not away from it.
We financed the purchase with a $420,000 loan against a property valued at approximately $560,000, securing a first deed of trust on a single-family ranchette set on 2.75 acres.
Because the purchase price of the home was significantly below market value, we were able to:
- Fund the full purchase price of the house
- Eliminate the need for a large upfront capital contribution
- Enable the borrower to proceed with only their share of closing costs
- Avoid any wholesaler fee burden on the borrower
This allowed the borrower, a repeat Equidy client with a strong track record, to preserve capital and execute their strategy cleanly.
Instead of tying up funds in acquisition, they allocated approximately $40,000 toward improvements, positioning the property for long-term rental income and appreciation.
It’s a clear example of how deal structure + speed + flexibility can turn a complicated opportunity into a high-quality hold asset.
Need some creative financing to get your property deal done? We can help.
Not every deal fits neatly into a box, and the best ones usually don’t.
If you’re working through a complex structure, an assignment, or a below-market opportunity, Equidy can help you move quickly and strategically.
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