Loan amount
$41,000,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$46,000,000
{PP:$41,000,000}
LTV
89%
{LTV}
Property type
Other Commercial
Borrower Details
Credit score
680
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Bassett
State
Nebraska
Loan Details
Purchase price
$41,000,000
Down payment
$0
Additional Loan Information
I am looking for an investor to assist me with 35% of the loan amount. This is a highly productive beef cattle, corn, soybean, and hay operation. I would only need assistance for two years in order to show P&L sheets on the business. The farm has gross sales annually of 5.3 million and net profits of 2.5 million.
Status
Open
Created
July 20, 2021 - 7:30pm
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