Loan amount
$700,000
Loan type
As-Is Property Value
$700,000
LTV
100% {LTV}
Property type
Apartment building
Borrower Details
Credit score
640
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
District of Columbia
Loan Details
Additional Loan Information
just looking/touring this week. Interested in a 4-unit apartment building. 3 of the 4 units are occupied, and the 4th, I am told, is fully renovated. $700K purchase price. $10K estimated for repair costs. Need to include closing costs in the loan and am looking for 100% financing. There's quite a few properties I am in contact with so I'm just shopping around for the best lending team that I can do business with.
Status
Created
January 19, 2020 - 9:21am