I have a client with an ocean front SFR in RI, used as a corporate retreat, wedding venue, family vacations, etc. Was conservatively appraised in Dec. 2019 at $4.8MM without factoring in the deeded private beach. BPO completed in March by top area realtor at $5.995MM. Existing mortgage of $2.3MM. Looking for Direct Lender for 60 - 65% LTV. FICO of 644.

Tom Harrier
Integrity Commercial Loans, LLC
407-928-8542
broker@tomharrier.net