Loan amount
$175,000
Loan type
As-Is Property Value
$700,000
LTV
25%
{LTV}
Property type
Multi family
Borrower Details
Credit score
780
Deal experience
6 deals
This loan scenario was submitted by a Broker
Property Details
State
Oregon
Loan Details
Additional Loan Information
3 unit rental. Fencing, paving, painting and other improvements needed. Want to use some of the equity in the property that is free and clear and rented at this time to update. Currently occupy one unit myself. On November 15th, I am moving across the street to a property I just bought. All three will be rented then. Rental income now $2000. Rental after move $2800 to $3000. Located in Central Point, Oregon. Looking for 20 years with no penalty for early pay off.
Status
Closed
Created
October 28, 2019 - 9:53am
Hard Money Lenders Now Offering Real Estate Investor Loans in Oregon Portland | Salem | Eugene | Gresham | Hillsboro | Bend Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans