Deal Features: 61% LTV (loan-to-value) based upon an appraisal on the property. 12-month term with optional 6-month extension. Experienced borrower. 11% net to investors (interest paid monthly). This project consists of 40 single family finished lots in Indian Springs, Nevada. On which the borrower is going to build 1,850 square feet homes with 4-bedroom, 2 […]
