Loan amount
$5,130,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$12,000,000
{PP:$5,700,000}
LTV
43%
{LTV}
Property type
Other Commercial
Borrower Details
Credit score
640
Deal experience
3 deals
This loan scenario was submitted by a Broker
No
Property Details
City
EVERGREEN
State
Alabama
Loan Details
Purchase price
$5,700,000
Down payment
$570,000
Additional Loan Information
ACQUISITION OF 1550 ACRE 4 SFH MIXED USE PROPERTY FOR NEW CONSTRUCTION OF SFH, APARTMENTS, AND COMMERCIAL CONSTRUCTION WAREHOUSE
Status
Open
Created
October 7, 2021 - 10:01am
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