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» $2.8 Million Loan Helps Borrowers to Save Investment
Property Description:
101,000 Sq. Ft on 7 Acres, Albuquerque, NM
The owners of a former K-Mart, resides on 7 acres of land were in need of a loan in order to buy another investment property located in Albuquerque, NM. The Seller would not give the Borrowers any more extensions and our client didn't want to lose the deal, so they turned to Avatar Financial Group for a fast bridge loan. Both borrowers have good credit and will refinance shortly with conventional financing. Avatar’s quick closing helped save the investment our client had already made in this property.
