LOOKING FOR NON RECOURSE LOAN

SFR

NOO

700+ Credit Score

FMV = $1.4MM+

Loan Amount = $600K

LTV = 43%

No Reserves

100% Occupied, 3 year Lease to Corporation

DIRECT LENDERS ONLY PLEASE!

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Permalink Reply by WKL David on October 4, 2017 at 5:24pm

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Permalink Reply by Tim O'Shea on October 9, 2017 at 7:24am

Nate - this sounds like something I can help with. Where is the property located? Do you have a copy of the lease?

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Permalink Reply by Nate Carter on October 9, 2017 at 7:27am

Sea Bright, NJ. Yes, I have a copy of the lease. They have occupied the property for 3 years, and that is expected to continue. The curent rent is approx $5500/month