Loan amount
$810,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$950,000
{PP:$850,000}
LTV
85%
{LTV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
640
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Nome
State
Alaska
Loan Details
Purchase price
$850,000
Down payment
$40,000
Additional Loan Information
7 plex in Nome alaska
4 two br that rent for 1800 a month
2 four bedrooms that rent for 2200 a month
1 studio that rents for 1600 a month
This property has long term renters who want to stay, due to the houseing issuses in Nome. This property will also triple in value, there is being a port built here and there's VERY limited housing. Thank you for your time lets make a deal!
4 two br that rent for 1800 a month
2 four bedrooms that rent for 2200 a month
1 studio that rents for 1600 a month
This property has long term renters who want to stay, due to the houseing issuses in Nome. This property will also triple in value, there is being a port built here and there's VERY limited housing. Thank you for your time lets make a deal!
Status
Open
Created
July 1, 2023 - 3:53am
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