Loan amount
$625,000
Loan type
As-Is Property Value
$915,000
LTV
69%
{LTV}
Property type
25 Single family homes, 2 Duplexes, 1 Tri-plex
Borrower Details
Credit score
700
Deal experience
39 deals
This loan scenario was submitted by a Broker
Property Details
State
Missouri
Loan Details
Additional Loan Information
Properties already owned. Looking to refi all in to one loan and pull some cash out, if I can, but not a must. 25 single family homes ranging in value from $15K to $70K, 2 duplexes valued around $60K each, 1 tri-plex valued roughly $70K. Excellent cashflow. Loan balance totaling $570K. Properties are located in Dexter Missouri, Poplar Bluff Missouri, and Corning Arkansas. They bring in roughly $15K a month. I’m looking to refi for 15-30 years.
Status
Closed
Created
March 25, 2020 - 5:39pm
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