Loan amount
$1,170,000
Loan type
As-Is Property Value
$1,799,500
LTV
66%
{LTV}
Property type
Apartment building / Retail commercial
Borrower Details
Credit score
580
Deal experience
7 deals
This loan scenario was submitted by a Broker
Property Details
State
Illinois
Loan Details
Additional Loan Information
Refinance an eight-unit apartment building. The building has been totally rehabbed. Units are over 2000 sqft each. The building is located in the community of Hyde Park, where the University of Chicago is. Annual rental income is $62K. The current loan balance is $1,050,000.00. I'm the Broker on the deal, for the owner.
Status
Closed
Created
October 31, 2019 - 11:43am
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