Loan amount
$1,225,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$2,060,000
{PP:$1,750,000}
LTV
59%
{LTV}
Property type
Gas/Convenient Station
Borrower Details
Credit score
750
Deal experience
5 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
St. Louis
State
Missouri
Loan Details
Purchase price
$1,750,000
Down payment
$525,000
Additional Loan Information
Sponsor is contracted to purchase three Mobil/Convenience stores. Will re-brand to Shell Oil. Locations operating profitably.
Status
Closed
Created
March 1, 2024 - 8:40pm
Hard Money Lenders Now Offering Real Estate Investor Loans in Missouri Kansas City | St Louis | Springfield | Columbia | Independence | St Charles Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans