Loan amount
$0
Loan type
As-Is Property Value
$4,000,000
LTV
0%
{LTV}
Property type
Cattle ranch
Borrower Details
Credit score
750
Deal experience
5 deals
This loan scenario was submitted by a Broker
Property Details
State
New Mexico
Loan Details
Additional Loan Information
This cattle ranch runs 806. Has two homes and a shop. There’s approximately 76,000 acres. Has several wells springs for live stock. I have a copy of the appraisal which was done in January for $4M. Purchase price $3.2M. 10% down. Already in contract. Property located in Queens Eddy County. Owner-occupied. 6-12 month loan duration. Annual income over $500K with ranch.
Status
Closed
Created
September 26, 2020 - 9:22am
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