Loan amount
$50,000
Loan type
As-Is Property Value
$150,000
LTV
34%
{LTV}
Property type
Commercial / Restaurant
Borrower Details
Credit score
702
Deal experience
1 deal
This loan scenario was submitted by a Broker
Property Details
State
Georgia
Loan Details
Additional Loan Information
Large commercial restaraunt/bar building in historical downtown Hawkinsville. Purchased property outright in 2017 for $20K. Property owned free and clear. Renovations completed: new roof, new windows, brick masonry repair, exterior, etc. Would like a loan to complete startup costs to open a Florida-themed restaurant/bar. ARV $150K. Short term loan.
Status
Closed
Created
June 28, 2020 - 10:30am
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