Deal Status

Active

Property Address

Bulk Sale, see attached sheet, Memphis, TN Tennessee 38104

Requested Loan Amount

$3,000,000

Loan to Value

85%

Loan Term

240 months

Lien Position

1st

Collateral Type

Residential Property

Exit Strategy

Refinance

Collateral and Loan Details

Property Type

Mixed-Use

Unit Mix Residential

50

Number of Bedrooms

84

Number of Bathrooms

55

Owner Occupied

No

Loan Type

Purchase

Has property been located?

Yes

Preferred Closing Date

12/31/2019

Purchase Price

$3,600,000

Purchase Contribution

$600,000

Purchase Contribution Source

Own Cash

Loan to Cost

85%

Purchase Plan

Continue Rental (property is tenant-occupied)

Will additional properties be collateralized?

Yes

Borrower Entity

Individual(s)

Borrower Credit Rating

Excellent

Attachments

Comments

Confidential. For more info, please call broker at 901-213-7229

First Name

Pablo

Last Name

Pereyra

Phone Number

(901) 213-7229

Company

Catalyst Funding

Role

Mortgage Broker

Location

Memphis, Tennessee

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