Loan amount
$100,000
Loan type
Refinance {Cash-Out}
As-Is Property Value
$150,000
LTV
67% {LTV}
Property type
Other Commercial
Borrower Details
Credit score
624
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Chicago
State
Illinois
Loan Details
Current mortgage balance
$0
How much cash-out are you looking for?
$100,000
Additional Loan Information
It's a mixed use commercial proerty. I have a renter upstairs and a commercial office space below being rented by a contracting company. I put in about $80000 to rehab the property. No loan on it. Looking to pay back the debt squired to fix up property and use money to invest in my next deal.
Status
Created
January 17, 2021 - 11:31am

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