Loan amount
$67,500
Loan type
Purchase {Rent&Hold}
As-Is Property Value
$150,000 {PP:$75,000}
LTV
45% {LTV}
Property type
Other Commercial
Borrower Details
Credit score
585
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Weatherly
State
Pennsylvania
Loan Details
Purchase price
$75,000
Down payment
$7,500
Additional Loan Information
It brings in $450/month just off of the garages alone. And there is a main building that can bring in $1200 totaling $1650 as is. But I plan on renovating and adding an additional office for rent. Plus 2 more rooms on the sub level. I plan on occupying space their as well for a Auto restoration shop.
Status
Created
April 18, 2022 - 11:49pm

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