Loan amount
$17,200,000
Loan type
Refinance
{Construction}
After Repair Value
$32,000,000
ARV
54%
{ARV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
790
Deal experience
5 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Brentwood CA (Los Angeles County)
State
California
Loan Details
Current mortgage balance
$15,200,000
Cost of improvements
$2,000,000
Estimated property value after repairs
$32,000,000
Additional Loan Information
8 total townhomes, 3200 sq foot each selling for 4 million each total 32 million exit. they have a 13 million 1st at 10.25 construction, 2.2 family private fund and need 2 million to finish, 92% complete. they have put 6 million into this on their own.
Status
Open
Created
May 6, 2026 - 4:50pm
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