Case Study: Breaking Ground and Shattering Norms with a Contractor's Vision

In Queens, New York, a seasoned general contractor set out to execute his most ambitious project to date: acquiring a single lot, subdividing it, demolishing the existing structure, and developing two brand-new duplex homes from the ground up. While his construction expertise was extensive, the project faced significant resistance from traditional lenders due to its complexity and the borrower’s lack of prior ground-up experience as an investor. Through a strategic and flexible approach, Simon Rishty, Loan Officer at Express Capital Financing, structured a Fix & Flip loan that closed at nearly 90% Loan-to-Cost—transforming a stalled deal into a successful closing.

Every loan has a story behind the numbers. In this section, The Elite Officer highlights real-world cases where Loan Officers turned complex challenges into successful closings.