Loan amount
$250,000
Loan type
As-Is Property Value
$1,025,000
LTV
25%
{LTV}
Property type
Condo
Borrower Details
Credit score
600
Deal experience
60 deals
This loan scenario was submitted by a Broker
Property Details
State
Massachusetts
Loan Details
Additional Loan Information
Under contract, would like to use as working capital on other projects to complete. I own 30 properties some unencumbered some small debt. I am seeking working capital to close out 30,000,000 in under contract projects. Currently owe $282K on the condo. Located in Somerville.
Status
Closed
Created
February 1, 2020 - 5:25pm
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