Loan amount
$8,500,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$9,000,000
{PP:$9,000,000}
LTV
94%
{LTV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
739
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Sommers
State
Montana
Loan Details
Purchase price
$9,000,000
Down payment
$500,000
Additional Loan Information
There is 15 unit condo complex overlooking Flathead lake with lake access. They are all higher end. They are looking at selling each one at 600k. I’m looking to make them into short term rentals.
Status
Open
Created
July 20, 2021 - 9:29pm
Hard Money Lenders Now Offering Real Estate Investor Loans in Montana Billings | Missoula | Great Falls | Bozeman | Helena | Belgrade Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans