Updated about 8 years ago on . Most recent reply
125K I.O. Loan needed backed by 1.8M commercial property.
Hello,
I am looking for a private lender willing to loan $125K as an interest only loan with a 24m term.
The loan will be backed by a commercial property that is owned free and clear.
The property is currently fully leased and cash flowing.
Please PM with your rate and terms.
Considering the collateral and relatively low risk profile of this loan, I am looking for a competitive rate.
Thank you.
Looking for