Loan amount
$5,350,500
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$6,000,000
{PP:$5,450,000}
LTV
89%
{LTV}
Property type
Hotel
Borrower Details
Credit score
586
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Gary
State
Indiana
Loan Details
Purchase price
$5,450,000
Down payment
$99,999
Additional Loan Information
Seller financing. Buy, hold, increase tenancy to 100%, add value and refinance.
Status
Open
Created
July 6, 2023 - 9:39pm
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