Loan amount
$140,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$575,000
{PP:$160,000}
LTV
24%
{LTV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
710
Deal experience
3 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Bethany
State
Connecticut
Loan Details
Purchase price
$160,000
Down payment
$20,000
Additional Loan Information
I want to take a 20-25% of the loan amount so I can acquire this property with full occupancy 16 units and will definitely pay with 12 months after adding value and building equity so I can pay off 25-30% or more if possible!
Status
Open
Created
December 2, 2021 - 4:16pm
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