Loan amount
$55,000
Loan type
As-Is Property Value
$60,000
LTV
92%
{LTV}
Property type
Mixed use
Borrower Details
Credit score
750
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
New York
Loan Details
Additional Loan Information
Apartment rental upstairs. Downstairs is acupuncture office and rental for doctor. All units currently rented. I will occupy one of the office spaces on the first floor for my business of 23 years. Purchase price is $59,900 although we will make an offer of less. Down payment will be depend on mortgage terms. I'm currently not in a contract. City is Jamestown, NY. Monthly rental income is $1300. Prefer loan duration of 20 years.
Status
Closed
Created
July 24, 2020 - 1:47pm
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