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03-06-2017, 10:33 AM #2
Reputation points: 7360
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
I do a lot of real estate loans (doing one now for 60 properties, pulling out $4MM).
This is a pretty small deal but possible, if it is not raw land or personal residence.
Rates 7% - 8% range for long term. Assuming the values you stated above, client could likely pull $100k - $130k out of the property.
Feel free to reach out and discuss.
Best
Dan Page
Direct: (303) 938-8280
dan@fundingstrategypartners.com
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