Loan amount
$1,340,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$1,700,000
{PP:$1,500,000}
LTV
79%
{LTV}
Property type
Assisted Living Facility
Borrower Details
Credit score
620
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Conyers
State
Georgia
Loan Details
Purchase price
$1,500,000
Down payment
$160,000
Additional Loan Information
The facility is an adult day health/assisted living facility. Appraisal was completed last week. Also, the business currently generates over $500,000 a year, fully staffed, and a purchase agreement is in place.
Status
Open
Created
October 6, 2022 - 10:07pm
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