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09-25-2015, 01:06 PM #1Senior Member
Reputation points: 47257
- Join Date
- Apr 2013
- Location
- Basalt CO
- Posts
- 867
Merchant Looking to purchase building
Hi,
Out of my expertise.
I have a guy, owns a building in Rochester NY,
Building #1: He owns this, owes $720k appraisal last year is 1.5mill. looking to take funds out to purchase something else. Looking for 75080 LTV
Building #2: Looking to purchase, $1.444mill, wants to take the money out of bld one and purchase bulding two.
Let me know if anyone wants to take this on.
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