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Commercial Post Detail
Cash out flagged hotel 1/10/2019 9:28:23 AM  Broker Location: CA/92562 Commercial/MI/
PostID: 41846     Status: Open  
Loan Info:  
Amount  
Appraised Value $9,000,000 
LTV  
DSCR  
Loan Term  
Loan Amortization  
Product Type  
Property Type Hospitality (motel/hotel) 
Purpose Refi: Cashout 
Doc Type Full Doc 
Borrower FICO  
Borrower DTI  
General Notes: Client wants cash out to purchase another property. Current mortgage is $4.5 million against a $9 million EMV. Wants to get at least $1.3 million cash out.
 Replies: 2 
Name: Ralph Abbott Phone: 614-484-7060 1/11/2019 12:17:35 PM
Company: Prospera Advisory Group Email: rabbott@prosperag.com  
Unfortunately, this deal does not fit our box. Send me your contact information and I will send you our loan programs
 
Name: Daniel Goldberg Phone: 619-872-6000 Ext 106 1/14/2019 6:03:45 PM
Company: Wilshire Quinn Capital Inc. Email: dgoldberg@wilshirequinn.com   Display Advertiser: page 107
We are interested in this loan scenario.
 
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