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Commercial Post Detail
50% LTV Bridge loan on soon to be developed land 1/7/2019 9:28:09 AM  Broker Location: NY/11225 Hard Money/FL/32963
PostID: 41821     Status: Open  
Loan Info:  
Amount $700,000 
Appraised Value $1,400,000 
LTV 50% 
DSCR  
Loan Term  
Loan Amortization  
Product Type  
Property Type Land 
Purpose Bridge loan 
Doc Type  
Borrower FICO 750 
Borrower DTI  
Keywords: Bridge Loan, Land
General Notes: The borrower is a developer with money and over 35years of experience. He is simply looking to recapitalize. Then he will complete the construction and sell this luxury SFR. He has sold over a 100 between this area and the surrounding areas.
 Replies: 0 
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