Case Study – Revolving Line of Credit

OPPORTUNITY: Request for RLOC to bridge purchase of new $3,995,000 residence with the sale of current $2,500,000 residence. Revolving Line of Credit will be used for shortfall of net proceeds.

BORROWER: Individual

PROFESSION: Medical NET WORTH: Affluent

SOLUTION: RLOC

LOAN AMOUNT: $225,000

VALUE: N/A LTV: N/A

DTI or GDSCR: 1.24x

CLOSED

If you have a similar case, or question, please e-mail me on ceisaac@ymail.com

“You will get all you want in life, if you help other people get what they want”
– Zig Ziglar

Case Study – Commercial Real Estate Purchase

OPPORTUNITY: Purchase and development of a 13,901 sq ft Walmart shadowed anchored retail space in AZ.

PROFESSION: CRE  NET WORTH: $39MM

SOLUTION: Libor based variable rate 3/25 loan with an Interest Rate Swap

Value: $3,550,000

Loan: $2,485,000

DSCR: 1.62 (1.41) LTV: 70% DEBT YIELD: 10.4% (9.1%)

OPPORTUNITY (upon purchase): Construction financing for pad

Loan: $900,000

SOLUTION: Construction Loan

OPEN

If you have a similar case, or question, please e-mail me on ceisaac@ymail.com

Case Study – HELOC and Bridge Loan for Purchase and Construction of new Primary Residence (Los Angeles)

OPPORTUNITY: Request for financing to purchase tear down for construction of new primary residence.

PROFESSION: Entertainment NET WORTH: High

SOLUTION: HELOC on primary residence as down payment to avoid the need to liquidate securities.  Bridge Loan to purchase property.

Value: $1,900,000

Mortgage: $580,219

LINE OF CREDIT: $749,000

Value: $1,675,000

Mortgage: $0

LOAN: $900,000

CASE CLOSED JULY/OCTOBER, 2012