Loan amount
$765,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$1,100,000
{PP:$775,000}
LTV
70%
{LTV}
Property type
Industrial/Warehouse
Borrower Details
Credit score
630
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Greenville
State
Mississippi
Loan Details
Purchase price
$775,000
Down payment
$10,000
Additional Loan Information
Current manufacturing operation. Selling products in two Fortune 500 companies. Sales over $ 250,000 so far. US Military purchases as well. Disruptive Technology. Additional Fortune 500 company interested in placing product in 5,000 stores. Lien holder offered property to us to purchase.
Status
Open
Created
August 13, 2021 - 12:11pm
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