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$650K Long Beach, CA Industrial Grow - Interest Only Loan
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Feb 22, 2023 2:00 PM
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Debt For Sale - $650K Long Beach, CA Industrial Grow - Interest Only Loan
Debt portfolio sales points
Direct From Originator
Minimum investment $110K - Total Available for sale: $650K
Appraised Value and Purchase $2M
1st TD Purchase $1.3M
1st TD Purchase $1.3M
LTV 65%, Investor rate 9.5%
6 months prepayment penalty / 5 year term
Borrower Credit Mid-Scores 693 and 801
1% Debexpert auction commission per pool
Debt portfolio stats
Total debt:
$
650000
Median debt:
$
240000
Average debt:
$
216667
Number of accounts:
3
Average charge off date:
Product type:
Opening price: $
0
Opening price (% of Total debt):
0
%
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