Updated about 1 month ago on .
Private Acquisition & Rehab Loan Closed 7/26/25 in Metro Tulsa, OK!! 🎉🎉🎉
Congratulations to operator Shanelle Sherlin!! 🎉🎊🪇
This week she closed her SECOND private money acquisition deal with us at Home Pride Capital, this one involving a great property in Sand Springs (Metro #Tulsa), Oklahoma!!
The plan is to acquire this 2BR single-family house in need of renovation, perform a moderate rehab, and hold as a rental. When completed, the home will provide safe, #affordablehousing for some fortunate local family.
Shanelle got a private loan for 100% of the purchase + 100% of rehab costs (half at closing, the rest in about 60 days)!
ZERO hassle, ZERO draw fees, and we closed just 15 calendar days after we provided her with a proof-of-funds letter!
Meanwhile, our #privatelender receives 12% (annualized) interest (that's $640/mo!) over 6 months, while the local community gets a beautifully restored home returned back to the housing stock.
It's ALL part of how we like to #DoWellDoingGOOD!
#PrivateLending
#PrivateCredit