Loan amount
Loan type
As-Is Property Value
75% {LTV}
Property type
Borrower Details
Credit score
Deal experience
3 deals
This loan scenario was submitted by a Broker
Property Details
New York
Loan Details
Additional Loan Information
I purchased 11 acres of land with the intention to build 7-8 duplex units. The land was purchased for $320K with a mortgage to finance the full amount. I am seeking a construction loan to build the first duplex building, and perhaps begin on the second, which will produce 2 units worth an estimated $300K each. I am looking to rent each individual unit for $2000/month and up. Land is located in Gansevoort, NY.
September 17, 2019 - 10:49am

Hard Money Lenders Now Offering Real Estate Investor Loans in New York Buffalo | Rochester | Yonkers | Syracuse | Albany | Spring Valley Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans