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04-15-2024, 11:10 AM #1Member
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Land Financing - Denison TX
Client seeking $1.6MM from refinance of land in Denison, TX for a SFR development. Proceeds will be used to pay off existing senior lender of approximately $900K, along with working capital for reimbursement of engineering costs. Land recently appraised in December for $5.7MM.
Please advise potential options along with rates and terms available.
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