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Purchase Loan in Illinois

  • Posted on March 28, 2017
  • Status: Inactive ?

Loan & Collateral

Loan TypePurchase
Security1st Mortgage
Loan Amount$400,000
Collateral Value$520,000
Available Downpayment$125,000
Calculated LTV77% ?
Address28W051 Liberty St
CityWinfield
StateIllinois
Property TypeOther

Exit Strategy

Will operate facility (property), use net income to improve property, then re-sell in a five year time span.

Loan Proceeds

Purchase Property and continue to operate Boarding Stable, lessons, and rental home.

Borrower

ApplicantBrian Anderson
Agency?Borrower
Credit Grade Inactive ?
Phone Number Inactive ?

Private Money in Illinois

The MoolahList hard money directory lists 84 lenders in Illinois

Find more hard money lenders.