Loan amount
$1,855,000
Loan type
Purchase {Rent&Hold}
As-Is Property Value
$2,650,000 {PP:$2,650,000}
LTV
70% {LTV}
Property type
Assisted Living Facility
Borrower Details
Credit score
650
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Houston
State
Texas
Loan Details
Purchase price
$2,650,000
Down payment
$795,000
Additional Loan Information
Looking to acquire this 32-Unit Complex in Texas with 96% Occupancy Rate, and CAP Rate of 7.8%, minimal rehab required. Seller Finance covers our Down Payment.
Status
Created
March 9, 2021 - 5:11am

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