Loan amount
$100,000
Loan type
As-Is Property Value
$650,000
LTV
16%
{LTV}
Property type
Commercial / Office
Borrower Details
Credit score
620
Deal experience
15 deals
This loan scenario was submitted by a Broker
Property Details
State
Ohio
Loan Details
Additional Loan Information
Need new roof on existing property which is an office warehouse. Owned free and clear. Property is rented out. Currently rental income $900/month; will go up to $3,600-7,700 once the repairs are complete. Property located in Berea, OH 44017. Loan duration 5 years or less.
Status
Closed
Created
April 20, 2020 - 9:16am
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