Loan amount
$740,000
Loan type
Purchase {Rent&Hold}
As-Is Property Value
$840,000 {PP:$840,000}
LTV
88% {LTV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
680
Deal experience
6 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Dayton
State
Ohio
Loan Details
Purchase price
$840,000
Down payment
$100,000
Additional Loan Information
Desire to purchase multifamily 10 unit, >10% COC with buy and hold strategy to increase portfolio. Property located in Ohio in great school district. Ability to add value to property increase revenue. Currently own 6 doors in the surrounding community and desire to scale. Want to obtain bridge funding to get under contract.
Status
Created
July 13, 2022 - 5:27pm

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