APN 163-19-616-003, LAS VEGAS, NV 89147.
THIS IS A short-term investment on an improved commercial lot!
Borrower needs $200K to pay off some debt she has (about $50K) and the rest of the proceeds she needs for her and her husbands non profit Global Food & Beverage Association to prepare for next years exhibition.
Borrower is selling her current home and will net anywhere from $400-$500K and pay off this loan within 6 months.
Borrower’s main occupation is a Professor at UNLV.
The property is an improved commercial land that was purchase in 2017 for $325K and has an estimated value of $450K+.
Loan Amount
$200,000
Property Value
$450,000
LTV
44%
Property Type
Commercial Land
Occupancy
Investment
Loan Purpose
Refinance
Loan Term
6 Months
Interest to Investors
11.5%
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