Loan amount
$300,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$600,000
{PP:$600,000}
LTV
50%
{LTV}
Property type
Retail/Strip Mall
Borrower Details
Credit score
700
Deal experience
3 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Savannah
State
Georgia
Loan Details
Purchase price
$600,000
Down payment
$300,000
Additional Loan Information
This is for the purchase of a small strip mall. The seller will be holding a 150k second lien and buyer can bring 150k plus closing costs. Looking for a direct lender only. No brokers.
Status
Open
Created
February 18, 2021 - 6:07pm
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