Share 'Land project in Florida seeking a cash out refinance for Patner Buy-out'
I have a principal with a land project in Florida seeking a cash out refinance
Land is owned free and clear. Principal is seeking around 2 million USD against and appraised value of 4.5 million
1. How much is owed on the land presently?.......There is No debt on the Land.
2. What will be the purpose of the loan?.....To buy out partner
3. Will there be any Cash out?.......Cash out will be us…
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