Loan amount
$550,000
Loan type
Purchase {Rent&Hold}
As-Is Property Value
$650,000 {PP:$650,000}
LTV
85% {LTV}
Property type
Retail/Strip Mall
Borrower Details
Credit score
800
Deal experience
3 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Detroit
State
Michigan
Loan Details
Purchase price
$650,000
Down payment
$100,000
Additional Loan Information
We are buying a retail strip on a very busy Detroit high-end street. Multiple apartments and senior-living communities to approach the business in the retail strip
Status
Created
October 31, 2021 - 8:30pm

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