Loan amount
$125,000
Loan type
Refinance
{Cash-Out}
As-Is Property Value
$400,000
LTV
31%
{LTV}
Property type
Gas/Convenient Station
Borrower Details
Credit score
600
Deal experience
3 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Los Angeles
State
California
Loan Details
Current mortgage balance
$0
How much cash-out are you looking for?
$125,000
Additional Loan Information
Brining innovation to the laundrymat community.
Seller financing is for $50,000 of the $300,000 that has been paid. Can take over the lease. It is a 20 year lease with option to renew. The renovation would be allowed.
Seller financing is for $50,000 of the $300,000 that has been paid. Can take over the lease. It is a 20 year lease with option to renew. The renovation would be allowed.
Status
Open
Created
February 17, 2024 - 8:54pm
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