Loan Request

Refinance Cash-out lender needed to lend $5,000,000 on a warehouse commercial property located in Illinois

Created by Mr Joseph on November 21st, 2017

QUICK SUMMARY:
Refinance Cash-out lender needed to lend $5,000,000 on a warehouse commercial property located in Illinois

FUNDING REQUEST:
$5,000,000

TIME FRAME FOR CLOSING:
3 - 10 days

PROPERTY HIGHLIGHTS:
* The property has two recent appraisals from 2016.

* The city is building a new highway near the property.

* The property currently has $5,000,000 of debt.

* A buyer recently offered $12,000,000 to purchase the property.

* The estimated value is $15,000,000 once the highway is complete.

* The property will be the collateral.

CONTACT FOR MORE INFORMATION:

info@bigequityllc.com

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Presented by

Mr Joseph

Create At: November 21st, 2017

Updated At: November 21st, 2017

Amount: $5,000,000

Interest Rate: 3% - 6%

Category: Real Estate