Loan amount
$276,000
Loan type
Purchase {Rent&Hold}
As-Is Property Value
$367,500 {PP:$367,500}
LTV
75% {LTV}
Property type
Other Commercial
Borrower Details
Credit score
680
Deal experience
3 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Belleville
State
Illinois
Loan Details
Purchase price
$367,500
Down payment
$91,875
Additional Loan Information
The commercial property has a store front at the bottom of the location and three loft units above. The three loft units are each occupied at $1,000.00 per month per tenant. The store front will be rented by tenant, The asking price for this building is $367,500
Status
Created
April 23, 2021 - 1:23pm

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