Loan amount
$200,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$244,000
{PP:$250,000}
LTV
82%
{LTV}
Property type
Multi-Family 1-4 Units
Borrower Details
Credit score
735
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Jacksonville
State
Florida
Loan Details
Purchase price
$250,000
Down payment
$50,000
Additional Loan Information
this property is a triplex with all 3 units leased currently making 2050 in monthly rental income with room for rent growth. Im looking to Buy and hold for long term passive income looking for a 30 year fixed with a reasonable interest rate. the purchase price is 250000 but im sure there's room for negotiation, want to make sure i can get funding before proceeding forward
Status
Open
Created
September 29, 2021 - 10:13am
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