Loan amount
$600,000
Loan type
As-Is Property Value
$800,000
LTV
75%
{LTV}
Property type
Multi-family
Borrower Details
Credit score
740
Deal experience
5 deals
This loan scenario was submitted by a Broker
Property Details
State
Idaho
Loan Details
Additional Loan Information
A nine-plex in downtown Boise. 8 small 1 bedroom apartments, each between 500 and 650 square feet. One studio apartment 600 square feet. Current rents are $5,427 per month. I would like to put an offer in but a pre-approval letter is required. The property has not yet been listed. Purchase price $800K. Down payment $200K. Flexible on loan duration.
Status
Closed
Created
April 24, 2020 - 12:33pm
Hard Money Lenders Now Offering Real Estate Investor Loans in Idaho Boise City | Meridian | Nampa | Idaho Falls | Caldwell | Pocatello Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans