Point of Contact:
Chris Fuelling
Deal Status:
Open For Funding
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Looking for best rate and terms for this bridge loan.
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1003
All fields on
Blanket/Portfolio Loan
Bridge Loan
Commercial Bridge
Conventional Financing
New Construction
Cash Out Refi
Fix and Flip
Land
Line of Credit
Commercial-New Construction
Rental Loan
SBA-504
SBA 7a
SBA 504
Micro Loan
SBA Express
CAP Line
Community Advantage
SBA Veterans Advantage
International Trade
Export Working Capital
Export Express
Payroll Protection Program
EIDL
:
1003
All fields on
Blanket/Portfolio Loan
Bridge Loan
Commercial Bridge
Conventional Financing
New Construction
Cash Out Refi
Fix and Flip
Land
Line of Credit
Commercial-New Construction
Rental Loan
SBA-504
Have Property Under Contract
- Select -
Banner Ad
Direct Mail
Google Ad
Google Search
Referral from Friend
Trade Publication
Trade Show
Other
Bob Rosenthal
Borrower Info
First Name
Frank
Is there a Co-borrower?
No
miami
FL
33155
NA
Mailing Address
Yes
miami
FL
33155
Personal Info
04/06/1981
0
650
Credit Score Range
720 +
Co-Applicant Information
First Name
No
NA
0
Mailing Address
No
Personal Info
Credit Score Range
Borrowing Business Entity
General Business Info
Entity Type
LLC
02/05/2008
State Of Formation
GA
Business Address
miami
FL
33155
No
0.00
Business Details
0
1
)
Business Financials
0.00
0.00
0.00
0.00
0.00
0
Members/Officers
(List all members with 20% ownership or more.)
President
50
01/16/1923
VP
25
03/03/2022
0
0
0
0
0
0
0
0
Additional Guarantors
No
Borrower Background
No
Spain
Green Card status
Yes
No
No
No
No
No
No
Co-borrower Background
NA
NA
NA
NA
NA
NA
NA
NA
Borrower Experience
Does borrower have Fix & Flip or Buy & Hold experience?
Yes
# of years of experience?
0
# of properties completed in last 36 months
0
Property Type
Purchase date
Purchase Price
Amount Financed
Rehab Budget
0
Entity Name
Ownership %
0
Exit
Monthly Rent
Sale Price
Sale Date
Address
City
State
Zip
Outcome/Profit
00
Upload HUD
Property Type
Purchase date
Purchase Price
Amount Financed
Rehab Budget
0
Entity Name
Ownership %
0
Exit
Monthly Rent
Sale Price
Sale Date
Address
City
State
Zip
Outcome/Profit
01
Upload HUD
Property Type
Purchase date
Purchase Price
Amount Financed
Rehab Budget
0
Entity Name
Ownership %
0
Exit
Monthly Rent
Sale Price
Sale Date
Address
City
State
Zip
Outcome/Profit
02
Upload HUD
Yes
0
0
Property Type
Purchase date
Purchase Price
0
Amount Financed
Rehab Budget
Entity Name
Ownership %
0
Exit
Monthly Rent
Sale Price
0
Sale Date
Address
City
State
Zip
Outcome/Profit
00
Upload HUD
Property Type
Purchase date
Purchase Price
0
Amount Financed
Rehab Budget
Entity Name
Ownership %
0
Exit
Monthly Rent
Sale Price
0
Sale Date
Address
City
State
Zip
Outcome/Profit
01
Upload HUD
Property Type
Purchase date
Purchase Price
0
Amount Financed
Rehab Budget
Entity Name
Ownership %
0
Exit
Monthly Rent
Sale Price
0
Sale Date
Address
City
State
Zip
Outcome/Profit
02
Upload HUD
0
0
Property Type
Purchase date
Purchase Price
Amount Financed
Rehab Budget
0
Entity Name
Ownership %
0
Exit
Monthly Rent
Sale Price
Sale Date
Address
City
State
Zip
Outcome/Profit
00
Upload HUD
Property Type
Purchase date
Purchase Price
Amount Financed
Rehab Budget
0
Entity Name
Ownership %
0
Exit
Monthly Rent
Sale Price
Sale Date
Address
City
State
Zip
Outcome/Profit
01
Upload HUD
Property Type
Purchase date
Purchase Price
Amount Financed
Rehab Budget
0
Entity Name
Ownership %
0
Exit
Monthly Rent
Sale Price
Sale Date
Address
City
State
Zip
Outcome/Profit
02
Upload HUD
Yes
5
Yes
2
NA
Yes
General Contractor
How much liquid assets does borrower currently have?
1,500,000.00
Primary investment strategy
Residential fix & flip
Typical Transactions
To
To
To
To
To
To
To
To
0
To
To
0
0
To
To
0
0
To
To
0
0
To
To
0
0
To
To
0
Co-borrower Experience
Does borrower have Fix & Flip or Buy & Hold experience?
NA
# of years of experience?
0
Address
Outcome/Profit
0
Upload HUD
0
# of properties completed in last 36 months
0
Address
Outcome/Profit
0
Upload HUD
0
Address
Outcome/Profit
0
Upload HUD
0
NA
0
Address
Outcome/Profit
Upload HUD
0
Address
Outcome/Profit
Upload HUD
Address
Outcome/Profit
0
Upload HUD
0
0
0
Address
Outcome/Profit
0
Upload HUD
Address
Outcome/Profit
0
Upload HUD
Address
Outcome/Profit
0
Upload HUD
NA
0
NA
0
NA
Primary investment strategy
Primary investment strategy Explain
SBA Questions
0.00
0.00
Detailed Explanation
$
Loan Amount
$
Add Other Business Info
0
0
Q1 2019
Q2 2019
Q3 2019
Q4 2019
Q1 2020
Q2 2020
Q3 2020
Q4 2020
Q1 2021
Q2 2021
Q3 2021
Q4 2021
Q1 2019
Q2 2019
Q3 2019
Q4 2019
Q1 2020
Q2 2020
Q3 2020
Q4 2020
Q1 2021
Q2 2021
Q3 2021
Q4 2021
Assets (Include Borrower + Co-borrower)
Type
Estimated Value ($)
Amount Owed ($)
$
$
$
$
$
$
$
$
$
$
$
$
$
$
secHide
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
Total:
$
$
Total Est. Value
- Total Amt Owed
= Total Net Worth
$
- $
= $
Borrower Employment Information
- Select -
Self-Employed
1099
Salary W-2
Retired
Unemployed
Other
I have ownership share of less than 25%
I have ownership share of 25% or more
Monthly Income/Loss $
$
Weekly
Monthly
Every 2 weeks
Twice a month
Co-borrower Employment Information
- Select -
Self-Employed
1099
Salary W-2
Retired
Unemployed
Other
I have ownership share of less than 25%
I have ownership share of 25% or more
Monthly Income/Loss $
$
Weekly
Monthly
Every 2 weeks
Twice a month
Borrower Monthly Income
$
$
$
$
$
$
$
$
$
9,000.00
(Borrower)
Co-borrower Monthly Income
$
$
$
$
$
$
$
$
$
(Co-Borrower)
$
9,000.00
(Borr + Cobor)
9,000.00
Borrower Monthly Expenses
Monthly Payment
Bal Owed
$ 4,910.00
$
$ 4.17
$
$ 2.50
$
$
$
$
$
$
$
4,916.67
(Borrower)
Co-borrower Monthly Expenses
Monthly Payment
Bal Owed
$
$
$
$
$
$
$
(Co-Borrower)
$
4,916.67
(Borr + Cobor)
Loan Terms
Desired Closing Date
11/24/2021
$ 524,000.00
12/01/2021
From: 9 - To: 10
Investment
1
Transaction Type
Purchase
No Doc
11/24/2020
Loan Term
1 Month
12 %
-1180.76
Interest Only Fixed
TLA
$ 4,410.00
360
$ 50.00
$ 30.00
Yes
0
Resale Price
$
Resale Closing Date
$
Will the property need rehab or construction?
Yes
Acquisition / Purchase Price
$ 500,000.00
Property Value (AS-Is)
$ 525,000.00
ARV
$ 850,000.00
$
$
Cost Spent
$
$
maxAmtToPutDownClass
Acquisition Down Payment
$ 225,000.00
commercialTdFieldsClass
Down Payment %
45.00000 %
transactionalTdFieldsClass
Initial Loan Amount
$
275,000.00
rehabConsClsClass
LTV%
0.00 %
LOCTotalLoanAmt_dispClass
Initial Loan Amount
$
doesPropertyNeedRehabDispDivCLass1
Rehab/Construction Cost
$
doesPropertyNeedRehabDispDivClass2
Rehab/Construction % Financed
0 %
doesPropertyNeedRehabDispDivClass3
Rehab/Construction Cost Financed
$
150,000.00
propertyNeedRehabinitialTddispClass
$
payOffMortgage1_dispClass
Pay-Off on Mortgage 1
$
Pay-Off on Mortgage 2
$
Pay Off Oustanding Taxes
$
$ 13,000.00
$
14,000.00
propertyNeedRehabinitialTddispClass
$
280,000.00
CORTotalLoanAmt_disp
Total Loan Amount
$ 441,000.00
Total Cash Out
$
Total Loan Amount
$
441,000.00
Total Project Cost
$
500,000.00
$
511,540.00
Total Loan Amount
$
Land Value
$
Simple ARV
50.39
%
Full ARV
51.88
%
Acquisition LTV
58.20
%
Market LTV
55.43
%
Loan-to-Cost(LTC)
88.20
%
% Of Rehab/Construction
(Cost Financed)
%
87.84
%
Refinance Current Mortgage
Original Purchase Date
Current Lender
Original Purchase Price
$
Cost of Improvements made
$
Monthly Payment
$
Current Rate
0.000 %
%
0 %
0 %
Current Loan Balance
$
Subject Property Details
Property Location
Subject City
miami
Subject State
FL
Subject Zip Code
33129
Property Characteristics
Subject Property Type
Single Family Home
0
0.000 %
0
0
0.00
Property Details
Zillow value
2500000
Get Zillow Value
0
Subject Property Condition
Fair
Needs lots of renovation work. hasnt been updates since 1995
1,000.00
0
In Month
Property Access
Yes
Is this loan being cross collateralized?
Yes
How many properties are collateralized? (including subj property)
0
Add Subject Properties
Subject Property Cash Flow (Annualized)
60,000.00
Vacancy
$
3,000.00
5.00
Effective Gross Income
$
57,000.00
50.00
30.00
3.00
3,000.00
Net Operating Income
$
53,917.00
Cap Rate
%
Reserves
$
1.00
Debt Service Ratio
1.02
%
Cash Available To Service Debt
$
54,000.00
VENDOR & EQUIPMENT INFORMATION
1
)
0.00
New
Used
0
Options
Pictures of Property
#
Document Name
File Type / Size
Uploaded Info
No Records Found
Google API Image
1st Lien Current Mortgage Scenario
Interest Only
12
1255455
0
0
Monthly Payment Details
4,910.00
50.00
Total Monthly Payment
4,960.00
0.00
0.00
0.00
Rep Name & all other contact info....
2nd Lien Current Mortgage Scenario
0.000
0
0
Rep Name & all other contact info....
Foreclosure / Default Info
2
NA
No
NA
Attorney Information
XYZ Attorney
XYZ Law
bpocomp@test.com
(305) 606-2360
safak
miamiattoney
93933
Trustee Information
Loan Workout Q & A
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
0
NA
2
NA
NA
NA
No
Additional Questions
Is there an accepted purchase agreement?
Yes
Purchase Agreement Expiration date
Yes
0
Loan/Exit Plan
Fix & Flip
Loan/Exit Plan Explanation
Will be remodeling and flipping
What is the projected rental income per month?
0
0.00
No
No
0
% for
None
4 Years 4-3-2-1
4 Years 4-4-4-4
3 Years 3-3-3
5 Years 5-5-5-5-5
5 Years 5-4-3-2-1
3 Years 3-2-1
(rate)
=
$
NA
Yes
0
Yes
$ 0.00
$
$
Will borrower personally guarantee this loan?
Yes
Tell us more about your scenario & what you are looking for in more detail
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