I'm seeking an 5 yr. 5% fixed interest only non recourse asset based loan w/no upfront fees, points built into the loan, no prepayment penalties, no doc no personal guarantee funding for the following:
Purchase Price: $1.3m
Cap rate: 6.25%
Lease Type: NNN with 15yrs. remaining (with 6 five year lease options with rent increases @ 5%)
Lease Expiration: 2032
Turnkey, tenant responsible for all maintenance, taxes, landscape, CAM, roof, HVAC, & structure
With our product you will be responsible for your closing costs. Lender points are rolled into the loan. Please feel to contact me if you are interested.
Please provide details to email@example.com