Loan amount
$2,255,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$3,000,000
{PP:$2,300,000}
ARV
75%
{ARV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
633
Deal experience
18 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Valhalla
State
New York
Loan Details
Purchase price
$2,300,000
Down payment
$345,000
Cost of improvements
$300,000
Estimated property value after repairs
$3,000,000
Additional Loan Information
NY Properties:Total purchase price: $2,300,000 with income of $261,960 with $92,040 in expenses. Seek 100 percent financing from lender; however the sellers would consider 10 to 15 seller note if necessary.
XXXXXXXX Valhalla, NY acquisition price at 1,200,000
XXXXXXXXXX Sleepy Hallow, NY acquisition price at 1,100,000
Status
Open
Created
February 19, 2021 - 2:26pm
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