Loan Case Study — Virginia

$76,800 Land Loan — Virginia

A 9-acre Virginia land acquisition financed with a $76,800 private land loan from Damen Capital Fund. Closed in 7 days, no appraisal, interest-only at 14%.

$96,000

Purchase Price

$76,800

Loan Amount

14%

Interest Rate

9 Acres

Virginia

Deal Breakdown

The Acquisition

Property9 acres — Virginia
Purchase Price$96,000
Down Payment$19,200 (20%)
Loan Amount$76,800
Interest Rate14% (interest-only)
Term24 months
Closing Timeline7 days

Loan Costs

Monthly Interest Payment$896/month
Hold Period7 months
Total Interest Paid$6,272
Closing Costs$600
Exit Fee (2%)$1,536
Total Cost of Capital$8,583
Borrower resold the parcel to a cash buyer near a growing Virginia metro area 7 months later.

From Application to Closing in 7 Days

1

Suburban Fringe Opportunity

9 acres in Virginia at $96,000, near a growing suburban area. Multiple buyers were interested.

2

Closed Ahead of Competition

$76,800 loan closed in 7 days. Borrower locked in the deal while other buyers arranged financing.

3

Cash Sale 7 Months Later

A cash buyer purchased the parcel 7 months after acquisition at a higher price.

Metro-Adjacent, Fast Exit

A 9-acre Virginia parcel near a growing suburban market. The borrower used a private loan to close ahead of competing buyers and resold to a cash buyer within 7 months.

Closed in 7 days — no appraisal, no bank committee

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