Loan amount
$400,000
Loan type
Purchase {Rent&Hold}
As-Is Property Value
$500,000 {PP:$450,000}
LTV
80% {LTV}
Property type
Industrial/Warehouse
Borrower Details
Credit score
810
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
ORLANDO
State
Florida
Loan Details
Purchase price
$450,000
Down payment
$50,000
Additional Loan Information
Rent building to existing company (owned by my wife and I), distribution of hair care products, non hazmat. Also purchase needed equipment for business use at location.
Status
Created
June 17, 2021 - 6:30pm

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