Loan amount
$260,000
Loan type
Refinance
{Cash-Out}
As-Is Property Value
$650,000
LTV
40%
{LTV}
Property type
Restaurant/Entertainment
Borrower Details
Credit score
530
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Memphis
State
Tennessee
Loan Details
Current mortgage balance
$160,000
How much cash-out are you looking for?
$100,000
Additional Loan Information
Looking to refinance in order to upgrade the store. 5 years plus 5 option leased contract of $4500. Will be looking to sell within 1 years.
Status
Open
Created
March 21, 2023 - 4:24pm
Hard Money Lenders Now Offering Real Estate Investor Loans in Tennessee Nashville | Memphis | Knoxville | Chattanooga | Clarksville | Murfreesboro Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans