Loan amount
$394,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$420,000
{PP:$419,000}
LTV
94%
{LTV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
680
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Birmingham
State
Alabama
Loan Details
Purchase price
$419,000
Down payment
$25,000
Additional Loan Information
Looking to buy an fully occupied 5 unit building. Do some renovations over time to bring the rents to market value and use it for cash flow future projects.
Status
Open
Created
April 3, 2022 - 5:08pm
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