Loan amount
$300,000
Loan type
Refinance
{Cash-Out}
As-Is Property Value
$600,000
LTV
50%
{LTV}
Property type
Vacant Land
Borrower Details
Credit score
670
Deal experience
30 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Near Boston
State
Massachusetts
Loan Details
Current mortgage balance
$0
How much cash-out are you looking for?
$300,000
Additional Loan Information
MF land parcel, 90 days out from shovel ready, very experienced developer, has several projects in pipeline looking for programatic investor.
as is $600k after entitlements completed in 90 days $1m
as is $600k after entitlements completed in 90 days $1m
Status
Open
Created
June 8, 2021 - 6:34pm
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