NEW OFFERINGS
Call 505-275-2244
June 02, 2009
See
Definitions
Appraisal Files
http://pmi.critical-edge.net
Please note: You may
send your email address to us and we will
contact you when we have New Offerings.
rheinze@pmifunding.com
NEW
12 Unit Apartment Complex
5602-5604 Central, SW, Albuquerque, NM
$200,000 - $2,000 monthly - 12% - 60 months
$300,000 approx value
66% LTV
$6000 gross rents
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NEW
1.7 acres-commercial land in Rio
Rancho.
$100,000 - $1,000 monthly - 12% - 60 months
$250,000 approx value
40% LTV
Good payor
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NEW
Duplex in Belen
916 & 918 Gilbert, Belen, NM
with all city utilities
$69,500 - $695 monthly - 12% - 60 months
$120,000 approx value
60% LTV
$800 monthly rent for both units
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8308 Trumbull, NE Albuq, NM
Duplex
$64,500 - $664 monthly - 12% - 60 months
$102,000 approx value
63% LTV
Rents $430 each unit- both leased.
Owner installing new roof and doing repairs.
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NEW
Airport Road, Santa Fe, NM
6.10 acres
Includes 3 rental homes and rental bldg.
$5600 per month rental.
$475,000 - $300 - 12% 36 months.
Appraisal with land only $875,000
54% LTV
Non-owner occupied
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NEW
-Refinance of 8 plex and
rental house
803 East Hill, Gallup, NM
$155,000 loan amount
$1550 -
12% - 60 months
44% LTV
$350,000 approx value
$3800 monthly rents
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400 Block of San Mateo Blvd NE, Albuq NM
Construction loan of commercial retail bldg.
5470 sf lot size - 4974 sf two story bldg.
$280,500 Note amount
$275,000 Investor amount
$2805 monthly - 12% - 12 months
$440,000 approx value completed
65% LTV
Good credit borrower
Owner-occupied
Funds will be held by title company and disbursed in draws.
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Gallup, NM -
Refinance of 5 rental homes
$55,000 to 85,000 each loan amount
12% - interest only with a 5 year balloon.
65% LTV
Homes are remodeled and rented.
Good payor- We have several
loans with this borrower
and he pays well.
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