Loan amount
$750,000
Loan type
As-Is Property Value
$4,000,000
LTV
19%
{LTV}
Property type
Commercial
Borrower Details
Credit score
640
Deal experience
20 deals
This loan scenario was submitted by a Broker
Property Details
State
Hawaii
Loan Details
Additional Loan Information
Industrial recycling company. With plans for building a small recycling facility. Purchase price $500K. Estimated construction budget of $1.75M. Project should be completed in 18 months. Facility will be worth well over $4M. Located in Pahoa, HI. Flexible on loan duration; was hoping for a 20-year fixed rate payback.
Status
Closed
Created
April 17, 2020 - 8:57am
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