Loan amount
$400,000
Loan type
As-Is Property Value
$424,000
LTV
95%
{LTV}
Property type
Commercial office
Borrower Details
Credit score
760
Deal experience
9 deals
This loan scenario was submitted by a Broker
Property Details
State
New Jersey
Loan Details
Additional Loan Information
Office building in Freehold Borough New Jersey. Single tenant, fully leased until 2028. Purchase price $424K. Estimated monthly rental income $3,840. Looking for long-term loan ~25 years. Not currently in contract. My friend is the one selling.
Status
Closed
Created
October 17, 2019 - 9:42pm
Hard Money Lenders Now Offering Real Estate Investor Loans in New Jersey Newark | Jersey City | Paterson | Elizabeth | Clifton | Trenton Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans