Loan amount
$4,500,000
Loan type
Refinance
{Construction}
After Repair Value
$8,200,000
ARV
55%
{ARV}
Property type
Other Commercial
Borrower Details
Credit score
800
Deal experience
20 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Queens Village
State
New York
Loan Details
Current mortgage balance
$500,000
Cost of improvements
$4,000,000
Estimated property value after repairs
$8,200,000
Additional Loan Information
2stores commercial overlap Residential. With 10822 retail space, 9 car parking spaces, seeking a 4500000 bridge loan.
Status
Open
Created
February 4, 2021 - 5:00pm
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