Loan amount
$1,130,000
Loan type
Purchase {Rent&Hold}
As-Is Property Value
$1,150,000 {PP:$1,150,000}
LTV
98% {LTV}
Property type
Multi-Family 1-4 Units
Borrower Details
Credit score
750
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Phoenix
State
Arizona
Loan Details
Purchase price
$1,150,000
Down payment
$20,000
Additional Loan Information
Fantastic Investment Opportunity, Cash flowing 4-PLEX in the prime location of Midtown Phoenix! 3 of 4 units have been totally remodeled units inside and out and operating as Airbnb generating $90,000 income annually for 2020 on 3 units, this year has been approx $102,000 for 2021. Looking to renovate 4th unit interior to the same style as the other 3 to boost property income which should add an additional $30k+/yr in Airbnb income.
Status
Created
January 18, 2022 - 3:07pm

Hard Money Lenders Now Offering Real Estate Investor Loans in Arizona Phoenix | Tuscon | Mesa | Chandler | Scottsdale | Glendale Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans