Loan amount
$100,000
Loan type
Refinance
{Cash-Out}
As-Is Property Value
$300,000
LTV
33%
{LTV}
Property type
Other Commercial
Borrower Details
Credit score
600
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Rowlett
State
Texas
Loan Details
Current mortgage balance
$0
How much cash-out are you looking for?
$100,000
Additional Loan Information
This money will be used as capital for the creation of a YouTube video series and Substack subscription service, and pay off credit card and other debt.
The property is zoned commercial, the North Shore District, at the intersection of Liberty Grove Road (Rowlett, TX) and President George Bush Tollway; it has water and electrical connections; and, importantly, is a future development prospect.
The property is zoned commercial, the North Shore District, at the intersection of Liberty Grove Road (Rowlett, TX) and President George Bush Tollway; it has water and electrical connections; and, importantly, is a future development prospect.
Status
Open
Created
February 1, 2024 - 2:12am
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