Loan amount
$75,000
Loan type
As-Is Property Value
$250,000
LTV
30%
{LTV}
Property type
Commercial / Pub
Borrower Details
Credit score
750
Deal experience
7 deals
This loan scenario was submitted by a Broker
Property Details
State
New Hampshire
Loan Details
Additional Loan Information
I am paying off another person that has a lien on the property for interest-only payments so I can get rid of the loan of $75K; which is the only debt on the property. The property is a small commercial property and I occupy it as a bar/pub as a business. I have owned it since April 12, 2013. Property located in Manchester, NH. Prefer a 7-10 year loan.
Status
Closed
Created
February 18, 2020 - 2:30pm
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