Loan amount
$60,000
Loan type
As-Is Property Value
$500,000
LTV
12%
{LTV}
Property type
Apartment units and Retail stores
Borrower Details
Credit score
650
Deal experience
3 deals
This loan scenario was submitted by a Broker
Property Details
State
New York
Loan Details
Additional Loan Information
7 Apartments units and 4 Retail stores under it. The property has a Cash flow of about $7,000 a month. l need the amount to close on the property - the seller will finance the rest in second position. The purchase price is $500,000. Not in contract yet. The property address is 27- 32 Genesee Street. 6 month loan needed.
Status
Closed
Created
December 19, 2019 - 11:22am
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