Loan amount
$2,580,000
Loan type
As-Is Property Value
$4,180,000
LTV
62%
{LTV}
Property type
73-Unit Single Family Rental Portfolio
Borrower Details
Credit score
500
Deal experience
5 deals
This loan scenario was submitted by a Broker
Property Details
State
Illinois
Loan Details
Additional Loan Information
Purchase in bulk and seller finance to tenants or sell individually. Purchase price $2.1M. Rehab budget $480K. Seller contribution down $258K. Estimated value if sold individually $3.905M. Not yet in contract. Properties located in Peoria, IL. 12 month loan duration.
Status
Closed
Created
April 1, 2020 - 11:22am
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