Undisclosed Milwaukee, WI 53201 - FUNDED - $52,500 - Bridge Loan

Link Representative For Property
Title
Commercial Real Estate Lending - Rapid Expansion due to Covid, National Net Branches Now Available
Title
Private Money Broker at Heritage Funding, LLC
Title
Operation Specialist
Title
Commercial Loan Broker, Senior Loan Processor at 11 Capital Finance
Affiliated Company
Listing Data Provided By
Address

Undisclosed Milwaukee Wisconsin 53201

Building/Land Information
Property Type
Multifamily
Property Subtype
Multifamily
Description
Bridge Loan Purchase - 9 day close! Duplex located in Milwaukee, WI Borrower was unable to go conventional due to a Foreclosure on their history that they needed to season with a 24-mo Bridge loan before refinancing into a more permanent financing solution. 11 Capital was referred the deal to close asap! Loan Amount: $52,500 Term: 24-mo I/O Rate: 8.99% ($398.78/mo Mortgage) 2 Lender Pts EXISTING APPRAISAL WAS UTILIZED 9-Day Close before the Holidays! Contact Us: 877-957-4357 Email: Loans@11capitalfinance.com Web: www.11capitalfinance.com
Location Description
Milwaukee is a city in the U.S. state of Wisconsin on Lake Michigan's western shore. It's known for its breweries, many of which offer tours chronicling its role in the beer industry. Overlooking the Menomonee River, the Harley-Davidson Museum displays classic motorcycles, including one of Elvis Presley’s. Nearby is the Milwaukee Public Museum, with its large-scale European Village and a recreation of old Milwaukee.

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