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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.
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02-03-2021, 03:42 PM #2
pm sent
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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02-09-2021, 01:04 PM #3
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02-20-2021, 09:33 PM #4
- Join Date
- Oct 2020
- Posts
- 47
Dm me
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03-04-2021, 01:26 PM #5
- Join Date
- Oct 2020
- Posts
- 47
send it to me we do many asset backed loans outside our growing mca business maxk@seabrookfunding.com
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