Loan amount
$342,000
Loan type
Purchase {Rent&Hold}
As-Is Property Value
$899,000 {PP:$342,000}
LTV
38% {LTV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
756
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Herkimer
State
New York
Loan Details
Purchase price
$342,000
Down payment
$0
Additional Loan Information
I'm looking to finance an 18 unit apartment complex located in New York. The purchase price is $899k, owner will finance only if I provide 35% down. I need $342k for the down and closing cost. Property is 90% occupied with $100,400 NOI.
Status
Created
July 13, 2021 - 12:00am

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