Loan amount
$1,500,000
Loan type
As-Is Property Value
$3,500,000
LTV
43%
{LTV}
Property type
Commerical / Hotel
Borrower Details
Credit score
780
Deal experience
10 deals
This loan scenario was submitted by a Broker
Property Details
State
Montana
Loan Details
Additional Loan Information
40 unit hotel, new construction, property is free and clear, one million in cash to start. Need 1.5 million to complete. The property was purchased June 2012 for $450,000. The facility will be worth 3.5 million after construction. The construction time will be 6 months. Located in Dillon.
Status
Closed
Created
October 21, 2019 - 9:21am
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