Loan amount
$140,000
Loan type
As-Is Property Value
$140,000
LTV
100%
{LTV}
Property type
Commercial / Retail
Borrower Details
Credit score
804
Deal experience
4 deals
This loan scenario was submitted by a Broker
Property Details
State
Alabama
Loan Details
Additional Loan Information
I have had a salon for about 13 years in the past. I moved to a new city and have been renting a Booth for the past almost 7 years and have built a wonderful clientele back up and am interested in opening a salon up again except this time I would like to own the building; not just lease it. The purchase price will be $139K, unless we can talk them down. Prefer little/nothing down. Not under contract. Property located in Dothan, AL. Prefer longer-term loan.
Status
Closed
Created
June 16, 2020 - 10:32am
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