Loan amount
$4,935,000
Loan type
As-Is Property Value
$4,935,000
LTV
100%
{LTV}
Property type
Commercial
Borrower Details
Credit score
766
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
Hawaii
Loan Details
Additional Loan Information
I am currently investigating several fee simple commercial properties ranging from $210,000 to $4,935,000. I am running the numbers to determine if an acquisition would make good business sense. A key component of the calculations would depend on the applicable debt service for each property.
I am seeking lenders that are willing to work with someone with no prior real estate investment experience and looking for 100% purchase price. I would greatly appreciate information on the potential terms that may be available including:
a) prepayment penalty terms;
b) interest only terms;
c) possible contract lengths (i.e., 6 months, 1 year, 30 years);
d) range of interest rates
Thank you for your time.
I am seeking lenders that are willing to work with someone with no prior real estate investment experience and looking for 100% purchase price. I would greatly appreciate information on the potential terms that may be available including:
a) prepayment penalty terms;
b) interest only terms;
c) possible contract lengths (i.e., 6 months, 1 year, 30 years);
d) range of interest rates
Thank you for your time.
Status
Closed
Created
September 19, 2019 - 8:47am
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