Do not laugh at me too hard, looking for bridge scenario

[Nicholas Burch]

Are the following terms achievable in our current market conditions? Looking for a bridge loan.

[Nicholas Burch]

Quote from @Erik Estrada:

Quote from @Nicholas Burch:

Are the following terms achievable in our current market conditions? Looking for a bridge loan.

This looks to be achievable on a commercial full doc loan, however not at 90% LTV. You are looking at 65-70 max, and the property must be stabilized.

You can expect 90% LTC on a fix and flip loan for 1-4 units. The rate however is 10.00-13% and term is 36 months max. You may be able to extend 6 months afterwards but be expected to pay some points...

 lol, thats what I thought. Great deal in a appreciation market, just cant afford the negative cash flow until it is sold or refinanced. This is a duplex btw.