Loan amount
$260,000
Loan type
As-Is Property Value
$420,000
LTV
62%
{LTV}
Property type
Commercial / Warehouse
Borrower Details
Credit score
753
Deal experience
1 deal
This loan scenario was submitted by a Broker
Property Details
State
Nevada
Loan Details
Additional Loan Information
Purchasing a warehouse to do direct cremations. The building is worth $420K but selling for only $260K. Seller's husband passed away. Seller is trying to avoid foreclosure and sell for what’s owed on property. Already in contract. Property located in Henderson, NV. Prefer 5 year loan duration, if possible.
Status
Closed
Created
April 8, 2020 - 2:53pm
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