Equidy moved quickly to finance a foreclosed property in Oakland, enabling a repeat client to complete another successful fix and flip transformation.
The Challenge
This two-story single-family home in Oakland was in foreclosure, putting the borrower under immense pressure to secure financing before losing the property. Equidy stepped in with a purchase loan of $350,000 at 11%, ensuring the client could close on time. The borrower received $12,500 cash at close, with an additional $45,000 held in reserve on a draw schedule to fund renovations as construction progressed.
The Result
The property, purchased at $270,000, has been fully transformed and is now listed for $799,000. The home features three bedrooms and two bathrooms upstairs, along with a beautifully remodeled kitchen and bathrooms highlighted by designer finishes.
Updated floors, windows, and fresh interior and exterior paint add to the appeal.
Downstairs, a one-bedroom, one-bath ADU offers flexibility as an in-law suite or rental, while the sizable garage and driveway provide ample storage and parking. Situated near a quiet dead end, the property now stands as a peaceful retreat in the heart of Oakland — and a prime example of how Equidy financing helps California investors create outstanding results.
Ready to Finance Your Next Flip?
Looking to fund your next fix and flip, development, or construction project in California? We provide fast, flexible financing to help you move with confidence.
👉 Apply today and make your next project a success.
