2858 SQ FT Commercial Purchase with Rental Unit

Property Location: Cromwell, CT

Property Value: $410,000

Loan Amount: $290,000

Loan Term: 18 Months

Interest Rate: 13%

Closed In: 2 Weeks

This borrower needed help with money to complete the purchase of this commercial shop and rental dwelling lot. They plan to refinance conventionally to pay us off.