Loan amount
$30,000
Loan type
As-Is Property Value
$40,000
LTV
75%
{LTV}
Property type
Multi-family
Borrower Details
Credit score
645
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
Ohio
Loan Details
Additional Loan Information
I have contacted the owner of the property already. 2 units. It's already rented and brings in $950 a month. According to rentoneter it could bring in up to $1,300 a month. It looks good inside and out. Purchase price $38K. Can put down $8K. Not in contract. Property located in Toledo, OH. Prefer 10+ year loan duration, if possible.
Status
Closed
Created
July 20, 2020 - 11:47am
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