Mathis, TX – Purchase

Address: Mathis, TX 78368
ARV: $1,350,000 (As-is)
First Mortgage: $450,000.00
Seller held 2nd Mortgage: $550,000.00
Loan Structure: 24 Months Interest Only
Interest Rate: 12%
LTV 33%
Loan Description: Motel & RV Park
Loan Purpose: Purchase
October 21, 2022

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