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03-19-2021, 03:21 PM #1
- Join Date
- Jan 2017
- Posts
- 116
Hard private money bridge: Cemetery | free and clear | 1.5mm appraisal | 40% ltv
Deal Summary:
Property Type: Cemetery (Income-Producing)
State: Missouri
Credit Est: 600
Value: 1.5MM (appraised)
Balance: Free and Clear
Income: $50,000-$60,000 month average Gross (not seeking MCA)
Loan Amount: $600,000 Loan Amount Desired (some wiggle room)
Use of Funds: Clean up balance sheet-Pay off MCAs, working capital, etc.
Looking for a hard money bridge solution for the above... Any thoughts?
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