Loan amount
$1,500,000
Loan type
Refinance
{No Cash-Out}
As-Is Property Value
$3,500,000
LTV
43%
{LTV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
480
Deal experience
2 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Brooklyn
State
New York
Loan Details
Current mortgage balance
$1,500,000
Additional Loan Information
The asset is a 5 family, with an noi of 198,647. My client had a true horror story which we can get into but the current lender started the forclosure process and he needs to refi fast until he builds back up his credit and refis with a perm.
Status
Open
Created
August 21, 2023 - 5:14pm
Hard Money Lenders Now Offering Real Estate Investor Loans in New York Buffalo | Rochester | Yonkers | Syracuse | Albany | Spring Valley Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans