Loan amount
$16,000,000
Loan type
Purchase {Rent&Hold}
Property value
$30,000,000 {PP:$0}
LTV
54% {LTV}
Property type
Multi-Family 5+ Units
Credit score
810
Deal experience
10 deals
This loan scenario was submitted by a Broker
No
State
Indiana
Down payment
$0
Additional Loan Information
This project is currently hypothetical it involves purchasing a portfolio of 100 single family homes and a 150 or so multifamily units. The portfolio includes units in Indiana and illinois. The single family units are all rented and most of the multifamily units are as well. The money I'm asking for is to purchase and renovate all the units as they become available to renovate. All the units together currently bring in around 200,000 a month though this through renovations could easily be raised to close to 250,000 a month. I'm trying to get estimates to see who could offer the best rate with the least amount out of pocket.
Status
Created
December 6, 2020 - 2:12pm

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