I have a client that is interested in doing a refinance on his property. It is a 50 acre industrially zoned property. The appraisal came in at 3.6 million dollars. The property is mostly timberland and open acreage except for the owner's house and a toolshed. The gentleman recently refinanced and took out a loan of 1.5 million dollars. I am looking for either a cash out refinance or a rate and term refinance.
I have an appraisal, a statement of net worth, a couple bank statements, the title insurance policy, ...
I am looking for an investor that would consider this loan.
Sincerely,
Jon Pearson
Office Line - 561 999 5561 *22 jeff
Celll Phone - 954 829 4104