Loan amount
$3,600,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$3,600,000
{PP:$3,600,000}
LTV
100%
{LTV}
Property type
Multi-Family 1-4 Units
Borrower Details
Credit score
715
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Marshfield
State
Missouri
Loan Details
Purchase price
$3,600,000
Down payment
$0
Additional Loan Information
This Project is a 12-duplex package, with a total of 24 units, built in 2012, my goal is to take out a loan with a 100% LTV. make it a long-term loan and pay it down with monthly rent. eventually Refinance and pay the loan off completely. or finance it with a 100% LTV short term loan, refinance it, and in the meantime, pay down the loan using the income from the properties.
Status
Open
Created
December 9, 2021 - 11:21pm
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