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  1. #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

  2. #2
    Senior Member Reputation points: 4075 NickHubbard's Avatar
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    Riverdale Funding
    Nick Hubbard
    Senior Loan Advisor
    314-252-0299 - Office
    314-885-2262 - Direct
    nick@elitefactoring.com
    www.elitefactoring.com

  3. #3
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    Because of the Rehab component check out RCN (rehab cash now) in Connecticut..

    Hope that helps..

    RG

  4. #4
    Senior Member Reputation points: 33657 Jstarr's Avatar
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    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 05:16 PM.
    Jerry Starr
    Insource Funding
    433 Plaza Real, Ste 275
    Boca Raton, Fl 33432
    P: 800-805-3391
    Jerry@insourcefunding.net| insourcefunding.net

    WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL

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