$80K balance does $2MM in Retail
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  1. #1

    $80K balance does $2MM in Retail

    Looking for first position at longer term, or, has 70% LTV Commercial Properties willing to put up for $250k pay off balance or not, preferably monthly 2-3yrs!
    Prop FMV @ $1.8MM, owed $1.2MM

    Good Credit
    TIB: 11yrs+

  2. #2
    Senior Member Reputation points: 7360
    Join Date
    Aug 2015
    Location
    Boulder, CO
    Posts
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    I might be able to get him funded at 75% LTV and pull a little cash out of his properties. It would required him to refi existing loans and pull cash out.

    5-10 year term with 25 year amortization.

    I do a lot of these so feel free to reach out and discuss.

    Best,

    Dan Page
    Direct: (303) 938-8280
    dan@fundingstrategypartners.com

  3. #3
    Senior Member Reputation points: 12169
    Join Date
    Jul 2015
    Posts
    168

    As long as the deal is not in California, and banks/credit are solid we'd have a good shot at refinancing here. Please shoot us an email: support@lendvo.com

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