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Go Back   Mortgage Forums for Brokers and Loan Officers > Mortgage Business > Loan Scenarios and General Mortgage Talk

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Old 03-21-2007, 06:44 PM
Private Office
 
Join Date: Jan 2007
Posts: 227
brokerintheskye is on a distinguished road
NJ Commercial Tier 4

Tier 4
Steel beam/Metal Outside
8000 sq ft on 6 scres
Trucking Business
Current leases on Property (for the past 2 & 3 yrs and will continue for the next 5) = 15K Per Month
Owns Free and Clear
Needs 50-70% LTV
Low DTI
Sole Owner - 582 middle credit
Should Appraise at over 1 million
Similar Business in Area
232K Profit Last Yr
Owns One SFR Propety
Will Take Hard Money
Need a soft Prepay with 6 month, 1 yr or 2 yr

email me at skyeraphael@yahoo.com
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Old 03-22-2007, 08:16 PM
Private Office
 
Join Date: Jan 2007
Posts: 227
brokerintheskye is on a distinguished road
Anyone?
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