300k against commercial property

[Jstarr]

what was the purchase price and value fo the Rea Estate only? please provide more information,

Is it a Strip center, MF, Industrial etc...
What is the debt?
Borrower experience? does he own other property?

1 mil is equity. 1 issue. Business only been operational for about 2 months. Doable?

[NickHubbard]

Hey,

How long has the borrower owned the property? This should definitely be able to get done via a commercial bridge loan. Long as they generate enough revenue to service the debt. Do they have any other sources of income? Shoot me a email.


Nick Hubbard | Senior Loan Advisor
e: nick@elitefactoring.com
o: 314-252-0299

[Burger]

Has 750 fico

[Burger]

1 mil is equity. 1 issue. Business only been operational for about 2 months. Doable?