Loan amount
$605,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$620,000
{PP:$615,000}
LTV
98%
{LTV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
720
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Bay City
State
Michigan
Loan Details
Purchase price
$615,000
Down payment
$10,000
Additional Loan Information
This an 11 unit apartment building with 9 of the units already occupied. Averaging about $800-$1000 per unit. I am looking to sell my house and live in one of the apartment. Rent and hold the property..
Status
Open
Created
January 15, 2022 - 1:46pm
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