Rodeo Capital, Inc. Closes a $2,730,000 Business Purpose Single Family Residence Purchase in Cresskill New Jersey
- 65% Loan To Value
- 10 Day Close
Rodeo Capital funded a $2.73M loan for the purchase of the property which required a fast closing. The subject property is a 7 Bed/8.5 Bath 10,375 square foot Colonial Style Investment Property on 1.08 acres. The property was pre-leased and once it is stabilized the borrower will seek conventional financing as their exit strategy.