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Purchase Loan in Georgia

  • Posted on April 20, 2017
  • Status: Inactive ?

Loan & Collateral

Loan TypePurchase
Security1st Mortgage
Loan Amount$700,000
Collateral Value$875,000
Available Downpayment$220,000
Calculated LTV80% ?
Address5721 Lawerenceville Hwy
CityTucker
StateGeorgia
Property TypeLand

Exit Strategy

From Proceeds of the SBA loan that has already been approved

Loan Proceeds

To complete the purchase of the land prior to building a carwash/store on the land. SBA loan has been approved for $2.383 which includes land purchase, construction and working capital.

Borrower

ApplicantCarolyn Pace
Agency?Other Agent
Organizationcing, LLC
Credit Grade Inactive ?
Phone Number Inactive ?

Private Money in Georgia

The MoolahList hard money directory lists 103 lenders in Georgia

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