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Updated over 4 years ago on . Most recent reply

Max Ozkural's profile image
Max Ozkural's profile image
Max Ozkural
  • Lender
  • Member since Jan 3, 2019
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User Stats

13
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9
Votes
Max Ozkural's profile image
Max Ozkural's profile image
Max Ozkural
  • Lender
  • Member since Jan 3, 2019
Connect
Max Ozkural
  • Lender
9
Votes |
13
Posts
Real Estate Deal Analysis & Advice

Commitment Issued! $1,585,000 Bridge Loan

Max Ozkural
  • Lender
Posted

Investment Info:

Large multi-family (5+ units) hard money loan investment in Middletown.

Purchase price: $1,585,000
Cash invested: $545,000

Bridge Loan provided by Superior Mortgage & Gem Star Capital on a 12 unit mixed use building (10 Residential Apartments & 2 Commercial Units) $1,585,000 Purchase Price and a $1,040,000 Loan Amount. Not easy to find traditional commercial financing in this environment due to COVID but with excellent buyers along with experienced and persistent loan professionals, anything is possible!

How did you finance this deal?

Bridge Loan

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