Loan amount
$200,000
Loan type
As-Is Property Value
$1,000,000
LTV
20%
{LTV}
Property type
Commercial / Retail
Borrower Details
Credit score
720
Deal experience
2 deals
This loan scenario was submitted by a Broker
Property Details
State
Kentucky
Loan Details
Additional Loan Information
I’m not going to own the property because I’m looking to lease the property to open a restaurant but I need money to remodel the building and open it for a business. $200K renovation budget. 3 month timeline. Lease amount $10K/month; not yet signed. Property located in Bellevue Kentucky. Prefer loan term of 10-15 years.
Status
Closed
Created
August 1, 2020 - 9:20am
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