Results 1 to 5 of 5
Threaded View
-
02-03-2021, 03:11 PM #1
Looking For Commercial Lender for $300K Purchase in NJ @ 50% LTV & $2 Million ARV
This should be a very easy one...
Only issue is water level is 1.2 instead of 1, which requires about $150K in work done on the land.
Old warehouse to be converted into 4 unit residential. Each unit will be at $500K on the ARV.
Total loan request: $300K (includes costs of water level fixing)
Current As-Is value: $600K
50% LTV
ARV: $2 mill
Please PM if you are a lender interested in this deal ASAP.
Similar Threads
-
Warehouse Purchase in New Jersey for $250K + $300K Rehab Costs= $1.5 Million ARV
By Fundyman in forum Deal BinReplies: 2Last Post: 04-11-2020, 11:46 PM -
$400,000 Commercial Purchase in NY @ 90% LTV. Who Can Do This?
By Fundyman in forum Deal BinReplies: 7Last Post: 06-28-2017, 12:42 PM -
5 million in commercial real estate to secure 2.5 Million on a 30 year term
By BuyTanningSalons in forum Deal BinReplies: 1Last Post: 12-14-2016, 02:58 PM -
28 million dollar business needs 300k... Less than 50% ownership
By CashAdvanceKing in forum Deal BinReplies: 11Last Post: 11-29-2015, 12:10 PM -
Need Commercial Lender That Does 100% Financing For100 million Dollars
By Isoloans in forum Deal BinReplies: 4Last Post: 03-02-2015, 05:26 PM