Loan amount
$0
Loan type
As-Is Property Value
$1,060,000
LTV
0%
{LTV}
Property type
Apartment building (2)
Borrower Details
Credit score
560
Deal experience
8 deals
This loan scenario was submitted by a Broker
Property Details
State
Massachusetts
Loan Details
Additional Loan Information
In contract to purchase two 5-unit apartment buildings. Purchase price is $525K and $535K. Can put down 20-30%. In contract and need to close within 30 days. Properties are in great condition. No repairs needed. Both located in Lowell, MA. Market rate monthly rental income $19.5K. Looking for 3-12 month loan duration.
Status
Closed
Created
October 5, 2020 - 4:37pm
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