Loan amount
$490,000
Loan type
Purchase {Rent&Hold}
As-Is Property Value
$750,000 {PP:$500,000}
LTV
65% {LTV}
Property type
Mobile Home Park
Borrower Details
Credit score
650
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Corpus Christi
State
Texas
Loan Details
Purchase price
$500,000
Down payment
$10,000
Additional Loan Information
Rv park with 100 full hook up. 25 acres all fenced in.
Rv park has been empty for 2 years.ready to open up.
$ 400 a month plus electric per camper. I have over 20 years experience running rv parks.
Status
Created
April 27, 2024 - 10:46am

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