Loan amount
$200,000
Loan type
Purchase {Rent&Hold}
As-Is Property Value
$200,000 {PP:$200,000}
LTV
100% {LTV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
615
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Somerville
State
Texas
Loan Details
Purchase price
$200,000
Down payment
$0
Additional Loan Information
The need for rental property has come to my attention in my area, I plan to purchase property and build tiny houses at the affordable price to renters of $600-$800 a month, I have designed these one bed one bath units to feel spacious and have everything that one would need in a home, these units would be most ideal for College students with the campus near by, but not limited to.
Status
Created
August 3, 2021 - 8:50pm

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