Loan amount
$50,000
Loan type
Refinance
{Cash-Out}
As-Is Property Value
$300,000
LTV
17%
{LTV}
Property type
Other Commercial
Borrower Details
Credit score
530
Deal experience
4 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Mountain Home
State
Arkansas
Loan Details
Current mortgage balance
$21,800
How much cash-out are you looking for?
$28,000
Additional Loan Information
I have a commercial Building and 30 unit mini storage complex on adjoining properties. I have been rehabbing the building to accommodate becoming an automotive repair shop. It is located in an adjoining parking next door to a high traffic gas station. I own the properties.
Status
Open
Created
January 13, 2022 - 1:34pm
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