Loan amount
$300,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$450,000
{PP:$350,000}
LTV
67%
{LTV}
Property type
Mobile Home Park
Borrower Details
Credit score
702
Deal experience
3 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Richlands
State
North Carolina
Loan Details
Purchase price
$350,000
Down payment
$50,000
Additional Loan Information
Property has 6 lots but 5 currently have homes on them. Fully rented bring in approximately 4500 a month. Once purchased add another home on the empty lot to increase monthly profits
Status
Open
Created
January 1, 2024 - 10:46pm
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