Loan amount
$0
Loan type
As-Is Property Value
$500,000
LTV
0%
{LTV}
Property type
Duplex
Borrower Details
Credit score
679
Deal experience
3 deals
This loan scenario was submitted by a Broker
Property Details
State
New York
Loan Details
Additional Loan Information
Owned duplex. Need to refinance it from a Bank of America conforming (owner occupied - no longer live there) to a commercial or other loan. There is a cash-out component to this project. The investment property is located one block from Cornell University is a highly desirable professional neighborhood (not student housing). Strong cash flows since 2006 with zero vacancies...even during Covid.
Status
Closed
Created
October 29, 2020 - 9:31pm
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