Loan amount
$245,000
Loan type
As-Is Property Value
$295,000
LTV
84%
{LTV}
Property type
2 Barns
Borrower Details
Credit score
550
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
New York
Loan Details
Additional Loan Information
These 2 barns, on 7+ acres, will be converted into wedding venues as an addition to my DJ entertainment company. The sale listing is here: https://utica.craigslist.org/reo/d/little-falls-2-beautiful-barns-upstate/6915737207.html. Seeking a 3 year loan and plan to refinance at that point.
Status
Closed
Created
July 22, 2019 - 12:27pm
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