Loan amount
$1,425,000
Loan type
As-Is Property Value
$1,875,000
LTV
76%
{LTV}
Property type
apartment bldg
Borrower Details
Credit score
650
Deal experience
2 deals
This loan scenario was submitted by a Broker
Property Details
State
New York
Loan Details
Additional Loan Information
3 unit apartments Brooklyn NY
tenant occupied
Debt service
Investor/owner is under a chapter 11
Refinance need 75% or best effort
I am a broker representing the borrower
The chapter 11 is on the property only. 1159 Bedford Ave Brooklyn
His over all credit is good.
His management group did not do the job. He is a non owner owner. Rents are good. Apprasial Report is current -1875000
tenant occupied
Debt service
Investor/owner is under a chapter 11
Refinance need 75% or best effort
I am a broker representing the borrower
The chapter 11 is on the property only. 1159 Bedford Ave Brooklyn
His over all credit is good.
His management group did not do the job. He is a non owner owner. Rents are good. Apprasial Report is current -1875000
Status
Closed
Created
June 18, 2019 - 6:49pm
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