Deal Status

Active

Property Address

2322 Ewing st sw , ga among multiple properties to consider.

Atlanta, Georgia

30331

Requested Loan Amount

300000

Loan to Value

75

Loan Term

12

Lien Position

2nd

Collateral Type

Residential Property

Exit Strategy

Sale of Subject Property

Property Type

Single Family Residence

Number of Bedrooms

5

Number of Bathrooms

2

Property Occupied

No

Loan Type

Refinance

Property Sq. Footage

2000

Current Market Value

500000

Existing Mortgages

  • 1st

Mortgage 1 Balance

250000

Equity Cash Out

Yes

Equity Cash Out Purpose

Improve Subject Property

Equity Cash Out Details

Looking to rehab multiple properties. We currently have 10 rental units as steady income. We are currently looking for more purchasing power and to continue with the rehab of a few other acquired properties. We are looking for a private lender with terms that are mutually beneficial.

Appraisal

Yes

Appraisal Date

02/08/2019

Will additional properties be collateralized?

No

Borrower Entity

Individual(s)

Borrower Credit Rating

Excellent

First Name

James

Last Name

Williams

Company

GCA INVESTMENTS LLC

Role

Consultant

Location


Georgia
USA