Looking for a buyer.
I am looking for a lender to do a 1 year loan for $9M collateralized by a $12M primary residence and personal guarantee of a HNWI . Borrower and property are located in Tucson, AZ.
The property is a private home in gated community in Tucson. He has an existing $6M note that he is willing to replace with this request for $9M and he has no other debt.
He also has a high personal net worth of $40M or so and multiple other rental properties that he is willing to cross collateralize as well as give a personal guarantee.
The bad news is that the owner is currently under a federal investigation and that he needs this money for legal fees. What do you think? Feel free to call/text me on###-###-#### thanks,
listing type
exclusive representation
exclusive representation
industry
Real Estate
Real Estate
location
Arizona, USA
Arizona, USA
revenue
$5,000,000
$5,000,000
ebitda
$1,000,000
$1,000,000
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