John has completed more than $50 billion in transactions over his 25-year career and has structured financings which won CMBS or structured finance “Deal of the Year” awards four times. Prior to Toorak, John was the founder and President of B2R Finance, the leading mortgage origination company focused on the single family rental and residential bridge loan markets.
Flipping houses in the U.S. is such easy money right now that even lenders are getting involved.
/PRNewswire/ -- Toorak Capital Partners ("Toorak"), a leading correspondent real estate loan investment platform, today announced the successful closing of a...
Toorak's entry into the investor rental market is a natural extension of our position in the residential bridge loan market. The loans are underwritten based on rental income rather than wage income, in line with commercial real estate practice in the US and common practice in many international markets, such as the UK buy-to-let market.
The reality is people want to move into a house that is move-in ready. Most people are not handy with fixing things up.