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Need lender for equestrian ranch

Silicon Valley

Need lender for equestrian ranch

Client needs financing for a new purchase of an Equestrian Ranch in Los Altos, appraised at $3.4M, income about $20k a month but under utilized. Property includes 2 mobile homes and 3 single-family plus 100 horse stalls. Best deal so far is a loan of $2.55 at 8.75%. Any sources appreciated...
Dec 03, 2021

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