Loan amount
$45,000
Loan type
Purchase {Rent&Hold}
As-Is Property Value
$60,000 {PP:$45,000}
LTV
75% {LTV}
Property type
Multi-Family 1-4 Units
Borrower Details
Credit score
675
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Salamanca
State
New York
Loan Details
Purchase price
$45,000
Down payment
$0
Additional Loan Information
This is a former library with an attractive Block exterior and commercial roof. It has been converted into apartments with a full basement. The interior needs some cosmetic work. It's a solid structure. and I'm hoping to find financing. I'm familiar with construction. I've owned build and restored homes. My son in Rochester is a multi home owner, does restorations and is a landlord. I'm just looking without pre approved financing the local realty won't show properties due to Covid-19.
Status
Created
January 21, 2021 - 7:15pm

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