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Purchase Loan in Maine

  • Posted on June 6, 2017
  • Status: Inactive ?

Loan & Collateral

Loan TypePurchase
Security1st Mortgage
Loan Amount$3,200,000
Collateral Value$4,100,000
Available Downpayment$320,000
Calculated LTV78% ?
Address53 Water Street Plus 21 Others
CityAugusta
StateMaine
Property TypeMultifamily

Exit Strategy

Rehab and Refi long term

Loan Proceeds

Purchase and rehab, balance of down payment will come as seller second. Pictures and full prospectus available

Borrower

ApplicantTimothy Hogg
Agency?Borrower
OrganizationTBA
Credit Grade Inactive ?
Phone Number Inactive ?

Private Money in Maine

The MoolahList hard money directory lists 83 lenders in Maine

Find more hard money lenders.