Loan amount
$125,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$156,000
{PP:$154,900}
LTV
80%
{LTV}
Property type
Multi-Family 1-4 Units
Borrower Details
Credit score
696
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Palatka
State
Florida
Loan Details
Purchase price
$154,900
Down payment
$30,000
Additional Loan Information
Purchasing as a rent and hold. This home is a duplex, so potential rental on each unit is $900-1100.00. We're looking to set the rental price at $1000.00/monthly for each unit. We would plan on refinancing home to 30yr mortgage.
Status
Open
Created
January 22, 2021 - 5:57pm
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