Loan amount
$1,200,000
Loan type
As-Is Property Value
$1,500,000
LTV
80%
{LTV}
Property type
Apartment building
Borrower Details
Credit score
600
Deal experience
3 deals
This loan scenario was submitted by a Broker
Property Details
State
Missouri
Loan Details
Additional Loan Information
20 units all rented making estimated $10,500 per month. The owner is retiring. Purchase price $1.2M. Not yet in contract. Looking for 100% financing. I estimate the current value of the property is $1.5M. Located in Springfield, MO. Prefer a 30-year loan.
Status
Closed
Created
December 29, 2019 - 11:13am
Hard Money Lenders Now Offering Real Estate Investor Loans in Missouri Kansas City | St Louis | Springfield | Columbia | Independence | St Charles Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans