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Updated over 6 years ago on . Most recent reply

User Stats

7
Posts
2
Votes
Jhory Miller
  • Real Estate Agent
  • Norfolk, VA
2
Votes |
7
Posts

Commercial Refinance @ 75% LTV

Jhory Miller
  • Real Estate Agent
  • Norfolk, VA
Posted

I'm having trouble finding a lender of any type that is willing to give me a commercial loan for my rental @75% LTV.

I’m open to working with any lender (traditional, hard money, private).

NOTE:

-The appraised value is $88,000.

-I close on the property in less than a week.

-The property is currently occupied with a new lease and rents for $875.00

- The home is located in Suffolk, Va (23434)

- Fair Condition, no repairs needed.

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