Loan Request for Commercial loan in Naples, FL, 34112

Request #3709939 by Lender

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Date Posted

12/20/2024 9:11:13 AM

Property at

Naples, FL, 34112, USA Show Map

Borrower at

Property Type

Commercial

Property Value

$3,500,000

Amount of Existing Loans

$1,650,000

Loan Request

$2,000,000

LTV

57.14 %

Credit Rating

680-699

Net Worth

$4,000,000 - $10,000,000

Loan Purpose

Refinance all

Purpose

Cash-out refinance after the property was purchased a year ago and put approximately $1m into downpayment and renovation. BRIDGE LOAN. Soft or hard money 12 months with 12-month extension.>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
See the attached Appraisal and Executive Summary.

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Loan Request for Commercial loan in Naples, FL, 34112