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HomeForumsClassifiedsCommercial/Asset Based Loan Needed-Duplex in Pitman, NJ
Robert Motch's profile image
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Robert Motch
Pro Member
  • Investor
  • from Holmdel, New Jersey
  • Member since Nov 30, 2015
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Robert Motch's profile image
Robert Motch's profile image
Robert Motch
Pro Member
  • Investor
  • from Holmdel, New Jersey
  • Member since Nov 30, 2015
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Robert Motch
Pro Member
  • Investor
  • Holmdel, NJ
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Commercial/Asset Based Loan Needed-Duplex in Pitman, NJ

Robert Motch
Pro Member
  • Investor
  • Holmdel, NJ
Posted Jan 12 2018, 07:03

I am looking to make an offer on a fully rented, professionally managed duplex in Pitman, NJ. I am looking to start a relationship with a commercial/asset based loan provider who would finance this property as well as future properties like this in this area.

Please see notes regarding this property below:

Offer Price=$150-170k

LTV needed=75-80%

Monthly Rent=$2,385

Annual Taxes=$7,000

Newly formed LLC

Please PM if interested.

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