LOCATION
Boise, ID
LOAN AMOUNT
$705,000
DESCRIPTION
Vertical Construction of a single-family residence (SFR)
LOAN TYPE

About this Property in Boise, ID

A reputable homebuilder, with over three decades of experience in constructing thousands of homes across California, Texas, and Idaho, has teamed up with Enact Partners to speed up the construction process of their latest community project in Idaho. The project is in a thriving city, only 15 minutes from Boise, and involves building homes in a newly approved gated community with pre-sold lots. Prospective homeowners select their preferred model, and the builder uses Enact Partners’ loan to construct their dream home while preserving their capital balance. By utilizing Enact Partners’ funds for this project, the borrower can use their own capital to start another home or to invest in another opportunity. This is another instance of how debt can assist borrowers in expanding their portfolio.

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