Loan amount
$800,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$1,500,000
{PP:$1,000,000}
LTV
53%
{LTV}
Property type
Motel
Borrower Details
Credit score
730
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Portal
State
Arizona
Loan Details
Purchase price
$1,000,000
Down payment
$200,000
Additional Loan Information
The property has a motel, restaurant and general store. My wife had over 20 years managing restaurants and we have had a rental property for 8 years.
Status
Open
Created
May 1, 2022 - 10:06am
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