Loan amount
$6,000,000
Loan type
Refinance
{Cash-Out}
As-Is Property Value
$12,000,000
LTV
50%
{LTV}
Property type
Vacant Land
Borrower Details
Credit score
740
Deal experience
20 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Ft Laud
State
Florida
Loan Details
Current mortgage balance
$5,000,000
How much cash-out are you looking for?
$1,000,000
Additional Loan Information
MF under construction- can do second Mortage or mezzanine piece. will also entertain refi with new loan with cash out- has 20%+ cash down invested to date
Status
Open
Created
March 30, 2022 - 12:38pm
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