Loan amount
$1,800,000
Loan type
Purchase {Rent&Hold}
As-Is Property Value
$2,000,000 {PP:$2,000,000}
LTV
90% {LTV}
Property type
Single Family
Borrower Details
Credit score
700
Deal experience
3 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Sheridan
State
Wyoming
Loan Details
Purchase price
$2,000,000
Down payment
$200,000
Additional Loan Information
Our company has acquired 3 properties in seller financing, which has 5 units in total in New Orleans that are rented with the Section 8 program. We wish to continue our growth by acquiring 20 additional properties and we are seeking financing for the down payment and closing costs for a total amount of $200,000 remaining funds will be held by seller...
Status
Created
August 22, 2023 - 9:54am

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