Loan amount
$2,050,000
Loan type
Refinance
{Construction}
After Repair Value
$3,000,000
ARV
68%
{ARV}
Property type
Restaurant/Entertainment
Borrower Details
Credit score
700
Deal experience
3 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Bronx
State
New York
Loan Details
Current mortgage balance
$1,800,000
Cost of improvements
$250,000
Estimated property value after repairs
$3,000,000
Additional Loan Information
cash will be used for reserves and soft cost for rezoning of property
Status
Open
Created
March 13, 2024 - 11:10am
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