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Purchase Loan in California

  • Posted on August 4, 2017
  • Status: Inactive ?

Loan & Collateral

Loan TypePurchase
Security3rd Mortgage
Loan Amount$500,000
Collateral Value$14,000,000
Available Downpayment$50,000
Calculated LTV4% ?
CityBig Pine
StateCalifornia
Property TypeOther

Exit Strategy

1) Cash flow from the property 2) Cash out by hedge fund in 6 months

Loan Proceeds

Purchase of business equipment.

Borrower

ApplicantAlex Fracassi
Agency?Other Agent
OrganizationEco Earth
Credit Grade Inactive ?
Phone Number Inactive ?