Loan amount
$52,500
Loan type
As-Is Property Value
$75,000
LTV
70%
{LTV}
Property type
Trailer park
Borrower Details
Credit score
620
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
New York
Loan Details
Additional Loan Information
Small trailer park with 4 lots; 1 is owner occupied, the other 3 provide income of $1000+ per month. No renovations needed. Property located in Marathon, NY. Purchase price $75K. Putting down $22.5K. Not yet in contract. Prefer long-term loan, if available.
Status
Closed
Created
July 10, 2020 - 9:57am
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