Loan amount
$15,000,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$15,000,000
{PP:$15,000,000}
LTV
100%
{LTV}
Property type
Other Commercial
Borrower Details
Credit score
700
Deal experience
3 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Los Angeles
State
California
Loan Details
Purchase price
$15,000,000
Down payment
$0
Additional Loan Information
I seek to acquire leased land underneath a historic building located in Hollywood, CA; the building owners will lease land from us. I am seeking a five-year interest-only loan at 100% LTV, and we can pay all of the interest payments in advance on day one of the loans.
Status
Open
Created
June 20, 2021 - 2:15am
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