Retail Property In Gulfport, MS

Loan Type:
Bridge Loan
Loan Amount:
$2,000,000
Loan Term:
1 YR
Amortization:
Interest Only
Recourse:
Non-Recourse
LTV:
58%

Challenges

• Borrower was facing IRS Lien and farm lien as well as a 1031 exchange.

Solutions

• Money360 closed quickly. Helped borrower out with 1031 exchange even with ding on credit.

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