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Cash Out Loan in Florida

  • Posted on August 7, 2017
  • Status: Active ?

Loan & Collateral

Loan TypeCash Out
Security2nd Mortgage
Loan Amount$2,800,000
Collateral Value$20,000,000
Calculated LTV14% ?
CityPENSACOLA
StateFlorida
Property TypeHospitality

Exit Strategy

SALE OF IMPROVED LAND

Loan Proceeds

I have a hotel in Pensacola to be developed. The owner/attorney of the development has asked me to source 2.8 m to complete the land transaction.

Borrower

ApplicantDAG HELLANDSJO
Agency?Other Agent
Credit Grade Please login to access.
Phone Number Please login to access. (Only available to registered lenders)

Private Money in Florida

The MoolahList hard money directory lists 104 lenders in Florida

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