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Loan · Single Family Residence

Updated Aug 26, 2026

Bilt advertisement
Edona Redzovic & Ruben Izgelov Provide $3,070,027 Fix & Flip Loan In Larchmont, NY
FINANCEDSingle Family Residence

Edona Redzovic & Ruben Izgelov Provide $3,070,027 Fix & Flip Loan In Larchmont, NY

$3,070,027

Building Size

Asset Type

Single Family Residence

Closing

May 19, 2026

About this deal

AI

Luxury single family asset located in Larchmont, NY, was involved in a financial transaction that required swift action from the lending team. The total loan amount for this deal was $3,070,027, specifically structured as a Fix & Flip loan with a term of 12 months. The rapid execution and funding of this loan took place in under two weeks, demonstrating the efficiency of the process which included a rush appraisal ordered immediately upon receiving the complete file.

Summary of transaction details:

  • Property Type: Luxury Single Family
  • Transaction Amount: $3,070,027
  • Loan Type: Fix & Flip
  • Loan Terms: 12 months
  • Lender: Edona Redzovic & Ruben Izgelov - We Lend
  • Funding Time: Funded in under 2 weeks
  • Appraisal: Rush appraisal executed

Edona Redzovic and Ruben Izgelov from We Lend were the lenders for this transaction. The deal was initiated due to another lender's inability to respond swiftly to the time-sensitive nature of the transaction. The proactive and responsive nature of the brokers played a crucial role in facilitating the fast funding process necessary for this deal.

Players

We Lend
We LendLender

Ruben Izgelov

We Lend

Originator

$61.4M

vol

27 deals

Originator

Market Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.17%

Cash-on-Cash

-1.48%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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