Mortgage lead for Commercial loan in Los Angeles, CA, 90008

Loan Request for Commercial loan in Los Angeles, CA, 90008

Request #3701423 by Lender

Date Posted

6/25/2024 9:33:48 AM

Property at

Los Angeles, CA, 90008, USA Show Map

Borrower at

Property Type

Commercial

Property Value

$1,800,000

Amount of Existing Loans

$682,000

Loan Request

$730,000

LTV

40.55 %

Credit Rating

650-659

Loan Purpose

Refinance all

Purpose

-------------------Non-owner 40.27% LTV---------------- 10 units in Los Angeles--------------------- Refinance existing private money loan looking for a 3+ year loan ( hard money) Appraised Value - per appraisal 06/01/24 = $1,800,000 Gross Monthly Income per Rent Roll: $11,725 The owner owns additional properties in Los Angeles all cash-flowing ( 3 buildings 32 units) See attachment for details Existing Loan Payoff: $682,000 (See payoff attached) (Attached Appraisal)

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Loan Request for Commercial loan in Los Angeles, CA, 90008