Loan amount
$2,100,000
Loan type
As-Is Property Value
$2,100,000
LTV
100%
{LTV}
Property type
Housing complex
Borrower Details
Credit score
580
Deal experience
6 deals
This loan scenario was submitted by a Broker
Property Details
State
Texas
Loan Details
Additional Loan Information
Purchase price $2.1M. 14 duplexes. Nets $21K month. Seeking 100% financing or 5% of the purchase price for the down-payment and the seller will provide the remaining financing in 1st position. I am currently in contract trying to secure funds. Property is located in Lubbock, Texas I am only looking for a 2 year with balloon due after two years; 30 year amortization.
Status
Closed
Created
February 1, 2020 - 11:21am
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