We know there are times when you need to close quickly to seize an opportunity or avoid paying taxes. We also know there are loan types and circumstances that traditional banks refuse to touch. Given the right circumstances of borrower, location, and project, Enact Partners provides the capital you need to buy and develop property. […]
Need To Fund a Special Project? We Often Go Where Banks Refuse Read More »
Whether or not the United States is in a recession seems up for debate, depending on who you talk to and whose numbers you use. What’s not up for debate is that borrowers and lenders of all stripes and types are watching with growing interest how various economic factors are affecting real estate, lending, inflation,
The point of investing is to earn a return, but when your investments are used to help people, the rewards go beyond financial. We recently had the opportunity to assist someone who was going through a hard time. Our borrower, we’ll call her Kathy, is a woman whose mother had been in poor health for
Positive Impacts: Doing Well While Doing Good Read More »
Enact Partners recently unveiled a brand-new product for residential subdivision construction projects: revolving construction loans. Normally, loans for large subdivisions are split into phases. The Fund’s recent 63-unit Merced project is a good example. We funded six separate loans to finance construction of about 10 homes each. The builder constructed 10 spec homes at a
Revolving Construction Loans: Rolling Out a New Product Read More »
Loan-to-Value (LTV) is a private lender’s most important metric when deciding if a loan is safe or not. What does it mean, why is it important, and what is Enact Partners’ philosophy? What Does LTV mean? Loan-to-Value is calculated by taking the loan amount divided by the collateral value. The result is a percentage that
Loan-To-Value: A Simple Equation with Complicated Implications Read More »
Lending is a two-way street. Enact Partners “sells” money to borrowers, but it is not a typical sales transaction. A car salesman will push a car to anyone with a pulse and a credit score, and he doesn’t care what they do with the car after the papers are signed. In lending, we are very
In-Person Site Visits Are Crucial: You Can’t Judge a Book by Its Cover Read More »
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CFL #: 60DBO-82192 and 60DBO-119269
DRE #: 01413846
