Deal Summary

Looking for best rate and terms for this bridge loan.

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Submit Offer
Have Property Under Contract
Bob Rosenthal
Borrower Info 
Frank
No
miami
FL
33135
NA
Mailing Address
No
Personal Info
01/16/1923
0
650
600 - 619
Borrower Background
Yes
No
No
No
No
No
No
No
SBA Questions
0.00

0.00
$

Borrower Experience
Yes
5
15

List 3 examples of past deals:

Property Type
Single Family
Purchase date
11/17/2018
Purchase Price
250,000.00
Amount Financed
175,000.00
Rehab Budget
50000
Entity Name
ABC Flips
Ownership %
100
Exit
Sale Price
325,000.00
Sale Date
11/17/2019
Address
321 man street
City
Miami
State
FL
Zip
33333
Outcome/Profit
650000
Upload HUD
Property Type
Condo
Purchase date
11/10/2019
Purchase Price
385,000.00
Amount Financed
300,000.00
Rehab Budget
25000
Entity Name
ABC Flips
Ownership %
100
Exit
Sale Price
450,000.00
Sale Date
11/23/2019
Address
123 bird rd
City
miami
State
FL
Zip
33333
Outcome/Profit
450001
Upload HUD
Property Type
Purchase date
Purchase Price
Amount Financed
Rehab Budget
0
Entity Name
Ownership %
0
Exit
Address
City
State
Zip
Upload HUD
Yes
0
0

Property Type
Single Family
Purchase date
Purchase Price
0
Amount Financed
Rehab Budget
Entity Name
borGUEntityName[]
Ownership %
0
Exit
In progess-To Be rented
Address
borGUAddress[]
City
borGUCity[]
State
AL
Zip
90210
Upload HUD
Property Type
Single Family
Purchase date
Purchase Price
0
Amount Financed
Rehab Budget
Entity Name
borGUEntityName[]
Ownership %
0
Exit
In progess-To Be rented
Address
borGUAddress[]
City
borGUCity[]
State
AL
Zip
90210
Upload HUD
Property Type
Single Family
Purchase date
Purchase Price
0
Amount Financed
Rehab Budget
Entity Name
borGUEntityName[]
Ownership %
0
Exit
In progess-To Be rented
Address
borGUAddress[]
City
borGUCity[]
State
AL
Zip
90210
Upload HUD
0
0

Property Type
Single Family
Purchase date
Purchase Price
Amount Financed
Rehab Budget
0
Entity Name
borSellEntityName[]
Ownership %
0
Exit
Address
borSellAddress[]
City
borSellCity[]
State
AL
Zip
90210
Upload HUD balance_sheet
Property Type
Single Family
Purchase date
Purchase Price
Amount Financed
Rehab Budget
0
Entity Name
borSellEntityName[]
Ownership %
0
Exit
Address
borSellAddress[]
City
borSellCity[]
State
AL
Zip
90210
Upload HUD
Property Type
Single Family
Purchase date
Purchase Price
Amount Financed
Rehab Budget
0
Entity Name
borSellEntityName[]
Ownership %
0
Exit
Address
borSellAddress[]
City
borSellCity[]
State
AL
Zip
90210
Upload HUD
No
0
Yes
5
NA
Yes
1,500,000.00
Residential fix & flip
Typical Transactions
to
to
to
to
0
to
0
0
to
0
0
to
0
0
to
0
0
to
0
Assets (Include Borrower + Co-borrower)

Type

Estimated Value ($)

Amount Owed ($)

$
$
$
$250,000.00
$
$
$
$350,000.00
$
$
$
$150,000.00
$
$
$
$
$
$850,000.00
250,000.00
$3,500,000.00
1,850,000.00
$
$
$
$
$
$
 
$
 
$
 
$
 
$
 
$
otherDesc
 
 

Total:

$ 5,100,000.00

$ 2,100,000.00

Total Est. Value

- Total Amt Owed

= Total Net Worth

$ 5,100,000.00

- $ 2,100,000.00

= $ 3,000,000.00

Financial Accounts & Securities
Additional Guarantors
No
Borrowing Business Entity
Yes

  General Business Info

LLC
02/05/2008
FL

  Location/Property Details

miami
FL
33155
No
0.00

  Business Details

0
 
 

  Business Financials

0.00
0.00
0.00
0.00
0.00
0

Members/Officers   (List all members with 20% ownership or more.)

Same as Borrower/Applicant Info Above
 
President
100
01/16/1923
Subject Property Details

  Property Location

miami
FL
33129

  Property Characteristics

Single Family Home
0
0.000  %
0
0.00

  Property Details

2500000.00

Get Zillow Value
Fair
1,000.00
0
In Month

  Property Access

Foreclosure / Default Info
2
NA
No
NA
Attorney Information
Trustee Information
Loan Workout Q & A
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
0
NA
2
NA
NA
NA
No
1st Lien Current Mortgage Scenario
Interest Only
10.000
0
Monthly Payment Details
3,739.58
555.00
4,294.58
0.00
0.00
0.00
Rep Name & all other contact info....
2nd Lien Current Mortgage Scenario
0
Rep Name & all other contact info....
VENDOR & EQUIPMENT INFORMATION
0.00
0
 
Loan Terms
$
From: 9 - To: 10
Investment
2
Purchase
Lendingwise
11/24/2020
12 Months
10.000 %
8 %
2 %
-292.26
Interest Only    
ILA
$ 3,322.92
No
Yes
5
Yes
$ 500,000.00
$ 525,000.00
$ 850,000.00

$ 125,000.00

25.00000 %

$ 375,000.00
$ 75,000.00
100 %

$ 75,000.00
$
$
$ 398,750.00
$ 23,750.00
$ 500,000.00
  $ 575,000.00
  $ 585,900.00

51.76 %

58.82 %

85.00 %

80.95 %

86.96 %

100.00 %

85.32 %

Subject Property Cash Flow (Annualized) 
60,000.00
 
$  3,000.00
5.00
$  57,000.00
 
3,000.00
 
$  54,000.00
  %
$  
1.00
1.35 %
$  54,000.00
Additional Questions
No
Yes
No
$ 0.00
No
Fix & Flip
7200
0
No
0
$
Borrower Employment Information
I have ownership share of less than 25%
I have ownership share of 25% or more
Weekly   Monthly   Every 2 weeks   Twice a month


Borrower Monthly Income
$
$
$
$
$
$
$
$

$

(Borrower)
Borrower Monthly Expenses

Monthly Payment

Bal Owed

$ 3,739.58
$
$ 46.25
$
$ 27.75
$
$
$
$
$
$

$ 3,813.58

(Borrower)
Pictures of Property 
 
#     Document Name File Type / Size Uploaded Info  
No Records Found
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