Jun 10, 2022 5:00 PM
BEST Lending Co., Inc

$414K Construction Loan Opportunity - Sonoma County 5500sf Custom Home

Debt portfolio sales points

$385k funding amount + $30k interest reserve amount
$3 million investment commitment / $8.19m completed value
800 borrower credit - 4 completed luxury builds as borrower experience
18-month total term (9/1/23 maturity)
$2.59m construction reserve - provided to the borrower to build a home in draws as work is completed after a third-party inspection
Current lender/Broker to remain POC for the borrower who will coordinate all draw inspections, servicing questions, etc
License fee of 1% to be paid by the winner

Debt portfolio stats

Total debt:
$
414685
Median debt:
$
414685
Average debt:
$
414685
Number of accounts:
1
Average charge off date:
Opening price: $
0
Opening price (% of Total debt):
0
%
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What debts are we selling

We specialize in car, real estate, consumer and credit cards loans. We can sell any kind of debt.

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