Loan amount
$50,000
Loan type
As-Is Property Value
$115,000
LTV
44%
{LTV}
Property type
Commercial / Restaurant & Bar
Borrower Details
Credit score
670
Deal experience
1 deal
This loan scenario was submitted by a Broker
Property Details
State
Nebraska
Loan Details
Additional Loan Information
Got it at absolute auction, want move my current business, a local bar that I've had for twenty years, into this newer location. Purchase price $50K. Current estimated value $115K. Auction won. Put 20% down. Property located at 121 West 1st Street, Hershey, Nebraska. Looking for a 1-2 year loan term.
Status
Closed
Created
March 23, 2020 - 11:57am
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