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Purchase Loan in Indiana

  • Posted on June 3, 2017
  • Status: Inactive ?

Loan & Collateral

Loan TypePurchase
Security1st Mortgage
Loan Amount$2,000,000
Collateral Value$2,900,000
Available Downpayment$100,000
Calculated LTV69% ?
Address3518 North Side Blvd
CitySouth Bend
StateIndiana
Property TypeMultifamily

Exit Strategy

Possible buy and hold, open to flipping due to current equity position. Off market disstressed sale

Loan Proceeds

Buy a cashflowing multi family property that has value add yet cashflow in the process.

Borrower

ApplicantJohn Tiffany
Agency?Borrower
OrganizationTiffany group
Credit Grade Inactive ?
Phone Number Inactive ?

Private Money in Indiana

The MoolahList hard money directory lists 84 lenders in Indiana

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