Loan amount
$3,000,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$4,000,000
{PP:$3,500,000}
LTV
75%
{LTV}
Property type
Motel
Borrower Details
Credit score
780
Deal experience
2 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Hollywood
State
Florida
Loan Details
Purchase price
$3,500,000
Down payment
$500,000
Additional Loan Information
Out dated motel in a good location, buyer wants to Buy it and manage room renovations and improvements
Status
Open
Created
March 3, 2022 - 9:47pm
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