Results 1 to 4 of 4
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12-12-2017, 01:55 PM #1
Stated Income Necessary for 40% LTV
This is a mixed-use property in NJ. Owner-occupied business on the first floor. The 2nd and 3rd floor is gutted ready for renovation. Funding will refi existing balloon and fund the second/third-floor renovation. 600K worth 250k current debt.
If you are interested please email support@cfobydesgin.com
Miguel
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12-12-2017, 01:57 PM #2
Riverdale Funding
Nick Hubbard
Senior Loan Advisor
314-252-0299 - Office
314-885-2262 - Direct
nick@elitefactoring.com
www.elitefactoring.com
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12-12-2017, 03:27 PM #3
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
Because of the Rehab component check out RCN (rehab cash now) in Connecticut..
Hope that helps..
RG
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12-12-2017, 04:14 PM #4
Stated Income Necessary for 40% LTV
this deal is easy, I could close this in 8 days, but I have a question - does the owner of the shop on the first floor occupy one of the units above? If not does he have a residence close by ? And if he is an occupant of one of those units I couldn't help you.
Last edited by Jstarr; 12-12-2017 at 04:16 PM.
Jerry Starr
Insource Funding
433 Plaza Real,
Boca Raton, Fl 33432
P: 800-805-3391 Fx: 561-270-6895
insourcefunding.net
WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL
◆ 50% LTV - No Fico Required
◆ 90% CLTV on Purchases
◆ Investment Residential / Commercial Properties
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