Loan amount
$4,800,000
Loan type
Refinance
{Cash-Out}
As-Is Property Value
$30,050,000
LTV
16%
{LTV}
Property type
Vacant Land
Borrower Details
Credit score
750
Deal experience
6 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Haines CIty
State
Florida
Loan Details
Current mortgage balance
$800,000
How much cash-out are you looking for?
$4,000,000
Additional Loan Information
500 acre property entitled for large SFR homes, submitting to Polk County Planning Commission for 1,500 middle class SFR home sites. In addition, there will be a CDD Bond District placed on the property. The largest part of the cash out is for entitlement purposes to improved the property.
Status
Pending review: Please check your email. We will be sending you follow-up questions, if needed. Be sure to check your spam folder.
Created
May 21, 2024 - 7:10pm
Hard Money Lenders Now Offering Real Estate Investor Loans in Florida Orlando | Tampa | Miami | Jacksonville | Gainesville | Tallahasee Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans