Lenders wanted

CT, Residential, Purchase, $300K, FICO, 50% LTV
Posted on 10/1/2014 3:56:08 PM

I have a person looking to purchase a 42 unit SRO building that they have managed for 2 years for the present owner. Buyer is a licensed realtor and well connected in the local market with shelters, counselors and law enforcement. They are 95% occupied with steady cash flow. The LTV will be 50% or less. Purchase price about 600K so a 300K first mortgage. Other property available for cross collateralization. Interested?

REPLIES
  • by Michael Washington Pennington Consulting Group on 11/2/2014 2:22:14 PM

    Good Evening how are you ? This is Michael Washington with Pennington Consulting Group I wanted to speak with concerning this loan so if and when you can please call me at 443-467-3578
    My email is Washington@Penningtonconsultinggroup.com mu site is
    http://Penningtonconsultinggroup.com/rp/Michael_Washington.html

  • by Michael Washington on 10/29/2014 5:13:17 AM

    My name is Michael Washington i am a Residential and Commercial Broker so please give me a call so we may go over details my number is 443-467-3578
    Thank you!

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