Hello,
We have a client who is a seasoned investor with over 200+ properties owned that is seeking a 2nd mortgage against the equity they have in their properties.
Loan amount request $1,000,000
Number of Properties: 23
Appraised Value $5,175,000
Balance Owed $2,900,000
LTV 80%
12% Interest Only Note
1 year balloon
If anybody is interested, please send us a direct message to info@elevated-financial.com
Thanks,