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  1. #1

    Looking for hard money lender, cash-out refi, Rhode Island

    I have a client with an ocean front SFR in RI, used as a corporate retreat, wedding venue, family vacations, etc. Was conservatively appraised in Dec. 2019 at $4.8MM without factoring in the deeded private beach. BPO completed in March by top area realtor at $5.995MM. Existing mortgage of $2.3MM. Looking for Direct Lender for 60 - 65% LTV. FICO of 644.

    Tom Harrier
    Integrity Commercial Loans, LLC
    407-928-8542
    broker@tomharrier.net

  2. #2
    Senior Member Reputation points: 117
    Join Date
    Apr 2017
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    Quote Originally Posted by MissouriBroker1 View Post
    I have a client with an ocean front SFR in RI, used as a corporate retreat, wedding venue, family vacations, etc. Was conservatively appraised in Dec. 2019 at $4.8MM without factoring in the deeded private beach. BPO completed in March by top area realtor at $5.995MM. Existing mortgage of $2.3MM. Looking for Direct Lender for 60 - 65% LTV. FICO of 644.

    Tom Harrier
    Integrity Commercial Loans, LLC
    407-928-8542
    broker@tomharrier.net
    Hi Tom, we can fund this. Please email Deals@BesCapFinancial.com

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