Main Ave

First mortgage offered for $400K or 25% LTV

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I own a commercial property valued at apprx $1.7M. My bank has called a $329K first so I need to refinance the first as a priority, but would like to get $100K cash out. I intend to sell another property in the next 12 months and could pay off any new first mortgage with proceeds. I need at least a 12 month bridge loan with little to no documentation. 

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