Loan amount
$8,000,000
Loan type
Refinance
{Fix&Rent}
Property value
$18,000,000
ARV
44%
{ARV}
Property type
Hotel
Credit score
750
Deal experience
3 deals
This loan scenario was submitted by a Broker
Yes
City
Venice
State
California
Current mortgage balance
$6,000,000
Cost of improvements
$2,000,000
Estimated property value after repairs
$18,000,000
Additional Loan Information
The owners are renovating a 25-unit hotel.
Status
Pending review: Please check your email. We will be sending you follow-up questions, if needed. Be sure to check your spam folder.
Created
July 29, 2021 - 2:16pm
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