Loan amount
$2,240,000
Loan type
As-Is Property Value
$2,800,000
LTV
80%
{LTV}
Property type
Commercial / Industrial
Borrower Details
Credit score
820
Deal experience
30 deals
This loan scenario was submitted by a Broker
Property Details
State
Pennsylvania
Loan Details
Additional Loan Information
Looking for a loan to purchase an oil-storage business, including real estate and related fixtures and assets. Purchase price $2.8M. Can put up to 20% down. Not yet in contract. Monthly revenue of $70K. Property located in Pittsburgh, PA. Prefer 20 year loan duration.
Status
Closed
Created
July 13, 2020 - 9:50am
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