Looking for line of Credit for 156 units Coop Building in Brooklyn, NY 11235
There is a 1st lien in the amount of $2.1MM. The first lien was originated back in 2009 with the original amount of $2.3MM with PPP as YM. Current market value is $25.0MM. Looking for Line of Credit in the amount of up to $500,000 for the capital improvements.
I'm a broker that is direct to a lender that maybe able to help with with this credit line, if interested please send me the following.3 yrs operating statements (income statements, balance sheets and cash flow ). tax returns, a summary of what you are trying to do and how much you need is all we need to get moving forward..