Loan amount
$220,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$250,000
{PP:$225,000}
LTV
88%
{LTV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
720
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Toledo
State
Ohio
Loan Details
Purchase price
$225,000
Down payment
$5,000
Additional Loan Information
8 unit. Needs some work. 6 out of the 8 are rented. I just bough an 8 unit down the street from this one . I used a large part of my reserves as a down payment. This unit came up for sale. I would like to expand my portfolio but am short on cash.
Status
Open
Created
January 19, 2021 - 7:58pm
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