Loan amount
$810,000
Loan type
Purchase {Rent&Hold}
As-Is Property Value
$1,250,000 {PP:$1,085,000}
LTV
65% {LTV}
Property type
Other Commercial
Borrower Details
Credit score
760
Deal experience
4 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Acampo
State
California
Loan Details
Purchase price
$1,085,000
Down payment
$275,000
Additional Loan Information
PROPERTY CASH FLOWS-has been for over 65 years, and can support mortgage payments to include all operating expenses, taxes, and insurances with $5-7k left over each month thereafter. IN ADDITION, Buyer also has disposable monthly income of $12k. Seller to carry 5-10%. LTV 65-70%
Status
Created
November 2, 2021 - 1:39am

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