Liquid Lending Facilitating a Highly Profitable "Whole Tail" Deal In Bellevue, Nebraska
An experienced real estate investor found an incredible off-market deal in Bellevue, Nebraska, but had a very short window to close. By partnering with Liquid Lending Solutions, the investor secured the necessary capital in record time, successfully executing a "whole tail" strategy for a substantial profit.
"You need to have access to capital to put into a deal that you may only have a very short window to buy." Owen Dashner, Co-Founder of Liquid Lending.
Introduction
Bellevue, Nebraska, is a great market for savvy real estate investors. It's a stable, blue-collar town benefiting from a local Air Force base and numerous commercial developments. Bellevue also offers excellent pricing on starter homes and move-up properties, making it highly desirable for quick turnarounds.
In this instance, the investor wanted to take a "whole tail" approach rather than a standard fix-and-flip. A whole tail deal involves buying a property at a great price, cleaning it up, and listing it quickly to minimize the time the property sits off the market. However, to make a whole tail deal work, the investor must secure the property fast and begin the minimal renovations immediately.
Without a reliable financial partner, executing this strategy is nearly impossible.
The Problem
The Client Needed to Close a Foreclosure Deal Immediately
The investor uncovered a highly motivated seller in Bellevue facing imminent foreclosure. Because the clock was ticking, the transaction required immediate action to save the deal. A standard mortgage application often takes 30 to 60 days, bogged down by appraisals and underwriting red tape. Waiting months for a capital guarantee would mean losing the deal entirely.
Additionally, the whole tail strategy relied on keeping the overall holding costs as low as possible. The investor needed to buy the house for $182,000, fund a light $7,500 rehab, and get it right back on the market. They needed a lending partner who understood the velocity of money.
The Solution
Liquid Lending Underwrote and Funded the Loan in Record Time
When the investor brought the Bellevue deal to Liquid Lending, our team immediately recognized its potential. We understand that in real estate, speed, certainty, and execution are the absolute keys to a successful transaction. Our firm is built by real estate investors for real estate investors, so we don't rely on slow banking metrics.
"We underwrote it, quickly ran comps, validated the... veracity of the buyer's information, and we funded it," noted Owen Dashner. By providing fast, flexible hard money, they effortlessly secured the funds needed to purchase the property and cover the light rehab budget. Best of all, they accomplished this without draining their own personal liquid cash reserves..
The Outcome
The Client Sold the Property for $240,000 in Just Weeks
With the funding secured, the investor closed on the property for $182,000 and immediately began the whole-tailing process. They put a minimal $7,500 into the property, addressing only the necessary repairs to make the home market-ready. Because they acted so swiftly, they were able to list the property as soon as possible.
The home ultimately sold for a highly profitable $240,000 to a brand new buyer. The entire turnaround was incredibly fast, with the investor paying back the Liquid Lending loan in just two and a half months. This rapid timeline meant their carrying costs were minimal, and the investor walked away with a fantastic $30,000 to $35,000 profit on a single, fast-paced transaction.
"That's a really good spread, and I think anybody would do that deal 10 days out of 10... I would do that as an investor every day of the week." Owen Dashner, Co-Founder of Liquid Lending.
The Takeaway
This successful Bellevue whole tail deal proves that speed is an investor's most valuable asset. Having a lucrative opportunity means nothing if you can't secure the capital to close before the window shuts. Liquid Lending provides the fast, reliable hard money needed to take down highly profitable, time-sensitive properties.
If you're an active investor tired of missing out on deals due to slow traditional financing, we can help. Reach out to Liquid Lending today, apply for funding, and get your next big project moving.