Michigan (MI) · Closed Deal Tombstones

Michigan (MI) Funded DSCR & Commercial Deal Tombstones

Representative business-purpose real estate investment loans structured in Michigan (MI) under Michigan's Non-Judicial (Foreclosure by Advertisement) statutory framework (60–90 days (+ redemption) days) through Loan Daddy LLC (NMLS #2827624).

Fix & Flip Rehab10-Day Close

$215,000 — Detroit, MI

85% LTV · N/A (70% ARV Bridge) · Bridge Acquisition · Single-Purpose LLC

85% of purchase + 100% of rehab holdback funded via draw schedule for BRRRR refinance exit.

5–25 Unit Multifamily21-Day Close

$675,000 — Grand Rapids, MI

75% LTV · 1.26x (In-Place NOI) · Acquisition · LP / Entity

Commercial small-balance multifamily execution arranged across wholesale debt fund shelves.

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Michigan (MI) Funded DSCR & Private Loan Tombstones | Stephen R. Mannenbach | Stephen Mannenbach