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100% CLTV Self Storage Loan
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SelfStorageGuy



Joined: 29 Sep 2009
Posts: 1
Location: Bay Area, CA

Posted: Tue Sep 29, 2009 10:08 pm    Post subject: 100% CLTV Self Storage Loan  

I am looking for a loan on a self storage property in Lancaster CA.

NOI is $300,000
Purchase Price would be 3.5 mil
Appraised value 4.0 mil.

Seller will carry 1.0 mil.

I need something with a 100% CLTV, anyone know of a lender that will do 100% CLTV these days?

Thanks in advance
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