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Purchase Loan in Florida

  • Posted on June 9, 2017
  • Status: Inactive ?

Loan & Collateral

Loan TypePurchase
Security1st Mortgage
Loan Amount$3,400,000
Collateral Value$6,500,000
Available Downpayment$1,200,000
Calculated LTV52% ?
Address1899 North U.S. Highway 1 Ormond Beach, Volusia County,
City1899 North U.S. Highway 1 Ormond Beach, Volusia County,
Property TypeCommercial

Exit Strategy

Borrower has lease purchase whereas the lease payment has been credititeed toward down payment purchase price

Loan Proceeds

First trust deed


ApplicantArdeshir Sassan
Agency?Other Agent
Credit Grade Inactive ?
Phone Number Inactive ?

Private Money in Florida

The MoolahList hard money directory lists 104 lenders in Florida

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