Loan amount
$45,000
Loan type
Purchase {Rent&Hold}
As-Is Property Value
$85,000 {PP:$75,000}
LTV
53% {LTV}
Property type
Sports Facility
Borrower Details
Credit score
720
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Sharon Springs
State
New York
Loan Details
Purchase price
$75,000
Down payment
$30,000
Additional Loan Information
Looking to buy

This building is a church that will be turned into a dance studio with very little changes. The studio is paying $1000 a month for rent. They have 54 students.
Status
Created
April 17, 2022 - 6:29pm

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