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Case Study – Revolving Line of Credit
OPPORTUNITY: Request for RLOC for ‘hard money’ lending.
BORROWER: Corporation
PROFESSION: Attorney/Commercial RE Developer NET WORTH: High Net Worth
SOLUTION: RLOC
LOAN AMOUNT: $350,000
VALUE: N/A LTV: N/A
DTI or GDSCR: 3.79x
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 – 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 – Revolving Line of Credit
OPPORTUNITY: Dedicated commercial real estate client requires a working line of credit to support new periodic commercial real estate investments. In turn, securing long term financing.
PROFESSION: Commercial Real Estate NET WORTH: $39MM
SOLUTION: RLOC
LINE OF CREDIT: $1,500,000
GDSCR: Liquidity: 1 to 1
If you have a similar case, or question, please e-mail me on ceisaac@ymail.com