This residential waterfront property was built in 2008 with a modern design, focusing on the views from every location within the home. The home has its own private dock and sits directly on Lake Washington. This unique property is small with excellent attention to detail and quality throughout. Seattle Funding Group has made loans to this borrower in the past. On this occasion his 1031 exchange was in jeopardy and time was of the essence. His bank needed more time so his banker turned to SFG to get the job done. SFG was able to close in a week and buy the bank the time it needed. The borrower plans on renting this residential waterfront investment property to corporations for visiting executives.
LTV 65%