Loan amount
$460,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$700,000
{PP:$660,000}
LTV
66%
{LTV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
850
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Marlborough
State
Massachusetts
Loan Details
Purchase price
$660,000
Down payment
$200,000
Additional Loan Information
I am looking to purchase a 5-unit multi-family in a city that is 30 miles away from Boston. I already have 3 properties (2 multi-family properties of 3 units each, 1 single family house) in the same city, which has a very strong rental market. This 5-unit multi-family is very close to my other properties, making it easier to manage.
Status
Open
Created
May 11, 2021 - 12:23am
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