Loan amount
$225,000
Loan type
As-Is Property Value
$265,000
LTV
85%
{LTV}
Property type
Commercial
Borrower Details
Credit score
722
Deal experience
1 deal
This loan scenario was submitted by a Broker
Property Details
State
Ohio
Loan Details
Additional Loan Information
Business project. Purchase property for daycare. The office building is located in Toledo, Ohio. It was a church / daycare. We think it could be a wonderful full-time daycare. The purchase price is $260K. $5,000 has been placed in escrow with a reputable title company. We are putting down $35-45K. We are under contract.
Status
Closed
Created
March 8, 2020 - 5:15pm
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