I urgently need a bridge or non-conventional loan 

I own a condo apartment in an LLC on the Upper East Side in Manhattan NYC. 

  • Property Address: 166 E 63rd st # 16D New York NY 10065
  • Maintenance & taxes: $3,000 monthly
  • Date Purchased:  2021
  • Monthly Rent: $8000 (looking to rehab and increase to $12k+ for corporate lease) 
  • As is Value: $1.3M
  • 1st Lien Balance: $900K
  • Property generates: $96,000 or $8,000 (potential to generate $10,000 per month after light rehab)
  • Year Taxes, maintenance & insurance: $30,000
  • Loan Request: $900K (or around that)
  • Exit Strategy to retire this bridge loan?: refinance in 12 month or less
  • Borrower RE Investing Experience: 20+ years of experience
  • Borrower Networth & Liquidity: $100k 
  • Main borrower credit score: 680 (is steadily increasing) 

Please email me back ASAP

Anton

kai15j@yahoo.com

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