Loan amount
$2,900,000
Loan type
Refinance
{Cash-Out}
As-Is Property Value
$7,000,000
LTV
41%
{LTV}
Property type
Industrial/Warehouse
Borrower Details
Credit score
675
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Pottstown
State
Pennsylvania
Loan Details
Current mortgage balance
$2,100,000
How much cash-out are you looking for?
$800,000
Additional Loan Information
We have a prospective lease offered at $10 per foot triple net. We are looking to refinance the property, take cash out to improve the cash position while waiting to put lease in place and ultimate sale. So we intend on flipping it after the lease
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
October 1, 2025 - 9:43pm
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