Loan amount
$900,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$3,000,000
{PP:$1,100,000}
LTV
30%
{LTV}
Property type
Retail/Strip Mall
Borrower Details
Credit score
585
Deal experience
1982 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Burlington
State
Iowa
Loan Details
Purchase price
$1,100,000
Down payment
$200,000
Additional Loan Information
3 story building, has penthouse apartment 1700 sq. ft. Offices renter at $1900.00 mo. staying, Opening new Security Products store, rent at $5,000.00 mo. Putting in a shooting range charge $25.00 per shooter per hour and renting Penthouse at $1200.00 Month.
Status
Open
Created
December 4, 2023 - 4:53pm
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