Loan amount
$84,500
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$350,000
{PP:$94,000}
LTV
24%
{LTV}
Property type
Multi-Family 1-4 Units
Borrower Details
Credit score
620
Deal experience
3 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Clayton
State
Iowa
Loan Details
Purchase price
$94,000
Down payment
$9,500
Additional Loan Information
4 Plex. Needs minor updating. Current tenants pay 675$ per month. Could comfortably raise to 1050$ per month after improvements. Looking to add to my real estate portfolio of income producing property.
Status
Open
Created
August 30, 2023 - 4:12am
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