Loan amount
$320,000
Loan type
Purchase {Rent&Hold}
As-Is Property Value
$425,000 {PP:$320,000}
LTV
75% {LTV}
Property type
Industrial/Warehouse
Borrower Details
Credit score
775
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Lexington
State
Alabama
Loan Details
Purchase price
$320,000
Down payment
$0
Additional Loan Information
My wife and I are both in Education and we have had a side hustle for the last 3 to 4 years. We are working on forming an LLC and need more space. We are growing and are about 5 months behind filling orders. We need the space to allow us to complete orders faster. We build custom furniture and have grown faster than we expected.
Status
Created
January 18, 2022 - 9:51pm

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