Loan amount
$52,500
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$75,000
{PP:$62,500}
LTV
70%
{LTV}
Property type
Multi-Family 1-4 Units
Borrower Details
Credit score
600
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Monroeville
State
Alabama
Loan Details
Purchase price
$62,500
Down payment
$10,000
Additional Loan Information
This would be the first property in my portfolio to hold. I opened a new business to operate the rentals. The property is a turnkey investment. With great potential to add value to the property.
Status
Open
Created
November 10, 2021 - 10:51am
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