Deal Status

Active

Property Address

312 W Main St

Red River , New Mexico

87558

Requested Loan Amount

300000

Loan to Value

80

Loan Term

120

Lien Position

1st

Collateral Type

Commercial Property

Exit Strategy

Other

Commercial Property Type

Office

Office Property Types

Office Condo

Number of Units

1

Current Occupancy

Tenant Occupied

Current Occupancy Percentage

100

Loan Type

Acquisition

Square Footage

2000

Has property been located?

Yes, and it’s under contract

Purchase Price

380000

Purchase Contribution

80000

Purchase Contribution Source

Own Cash

Loan to Cost

80

Purchase Plan

Occupy It

APN Parcel ID

27891

Lot Size

1

Will additional properties be collateralized?

No

Borrower Entity

LLC

Borrower Credit Rating

Excellent

Exit Strategy Details

pay it off. or refinance

First Name

Paul

Last Name

Dumas

Company

Paul Dumas Marketing

Role

Mortgage Broker

Location

Red River
New Mexico
USA