South Ogden Duplex

Posted Jun 16, 2025
3675 Porter Ave , South Ogden , UT 84403
Purchase Price $315,000
Loan Amount $315,000
After Repair Value (ARV) S435,000

Investment Info

06/26/2025

Funding Deadline

1st

Lien Position

Terms

6 Months

Renovation Plans

Renovation Already Completed.

Property Details

Overview

2

Beds

1756

Sq. Ft.

2

Baths

.27

Acres

0

Garage

1947

Year Built

Description

South Ogden Duplex – Short-Term Bridge Opportunity with Strong Exit Strategy We’re offering a well-secured investment opportunity on a recently renovated duplex in South Ogden, UT. The borrower acquired the property nine months ago through seller-financing and has already invested over $30,000 in improvements. Both units are currently rented and cash-flowing, demonstrating solid demand and stable performance. Due to circumstances outside the borrower’s control, the original seller is now requiring a full payoff of the seller-financed note. This creates an ideal entry point for us to step in with a short-term bridge loan. Our loan will satisfy the seller’s payoff requirement and provide the borrower with the runway he needs to complete his transition into long-term traditional financing. The borrower is a seasoned real estate investor with excellent credit and an established portfolio. I’ve personally spoken with the conventional lender handling the takeout loan, and I have a long-standing relationship with them. Their team is highly confident in their ability to close this loan within the next few months. The only remaining condition is a short payment history on this specific property, which our loan will provide. This loan is further de-risked by a recent appraisal on 6/4/2025 of $435,000. Supporting a conservative 72% loan-to-value ratio. With renovations complete, tenants in place, and a clear exit strategy via conventional financing, this deal presents a strong balance of security and short-term return. This is a straightforward bridge loan on a stabilized asset with a trustworthy borrower and a reliable exit. It’s a smart, short-term opportunity backed by real value and experienced parties on all sides. For a copy of the Appraisal or any additional questions please don't hesitate to reach out.

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