Loan amount
$405,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$650,000
{PP:$490,000}
LTV
62%
{LTV}
Property type
Mobile Home Park
Borrower Details
Credit score
700
Deal experience
6 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Susanville
State
California
Loan Details
Purchase price
$490,000
Down payment
$85,000
Additional Loan Information
Mobile Home Park
Under Contract
Purchase price $490,000
Seller financing for 85% of purchase price
Need a bridge loan (2nd position) for either all or a portion of the down payment ($75k) in order to facilitate a fast close. Short term fine.
Under Contract
Purchase price $490,000
Seller financing for 85% of purchase price
Need a bridge loan (2nd position) for either all or a portion of the down payment ($75k) in order to facilitate a fast close. Short term fine.
Status
Open
Created
October 31, 2023 - 8:09pm
Hard Money Lenders Now Offering Real Estate Investor Loans in California Los Angeles | San Diego | San Jose | San Francisco | Fresno | Sacramento Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans