Loan amount
$364,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$720,000
{PP:$480,000}
LTV
51%
{LTV}
Property type
Other Commercial
Borrower Details
Credit score
600
Deal experience
3 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Bemidji
State
Minnesota
Loan Details
Purchase price
$480,000
Down payment
$116,000
Additional Loan Information
Seller gift of equity downpayment. Purchase, rent back mixed use house to seller, sell inventory currently used and new household personal items antiques, lease out portions of 8,000 sq ft+ building,
Status
Open
Created
January 17, 2023 - 2:10pm
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