3,600 SQ FT – Multi-Unit Commercial Building – Cash-Out Refinance
Property Location: Inkster, MI Property Value: $340,000 Loan Amount: $50,000 Loan Term: 24 Months Interest Rate: 13% Broker Commission: 4 Points The borrower needed funds for back taxes, he pledged this free and clear multi-unit commercial building as collateral to obtain said funds.
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