Loan amount
$125,000
Loan type
As-Is Property Value
$540,000
LTV
24%
{LTV}
Property type
Apartment building
Borrower Details
Credit score
700
Deal experience
10 deals
This loan scenario was submitted by a Broker
Property Details
State
New Mexico
Loan Details
Additional Loan Information
9-unit apartment building. I want to bridge loan the 30% and conventional commercial finance the remaining 70%, refinance up to 18 months after sale. Not yet in contract. Net after paying utilities is $6K/month. Located in Roswell, NM.
Status
Closed
Created
March 27, 2020 - 9:00am
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