Loan amount
$2,990,000
Loan type
Purchase {Rent&Hold}
As-Is Property Value
$3,500,000 {PP:$3,000,000}
LTV
85% {LTV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
700
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
New Orleans
State
Louisiana
Loan Details
Purchase price
$3,000,000
Down payment
$10,000
Additional Loan Information
Purchasing a 24 unit property in New Orleans Louisiana as a new investor. 1100/month rent per unit generating 26,400/month for the entire multi-family investment.
Status
Created
May 12, 2022 - 11:24am

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