Loan amount
$272,000
Loan type
Purchase {Rent&Hold}
As-Is Property Value
$350,000 {PP:$339,900}
LTV
78% {LTV}
Property type
Retail/Strip Mall
Borrower Details
Credit score
809
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
St. Louis
State
Michigan
Loan Details
Purchase price
$339,900
Down payment
$68,000
Additional Loan Information
Taking over an established Used Car Lot netting 250,000.00 Annually, by Purchasing the Property and then developing and renting out the other 10,000 square feet of existing Buildings.
Status
Created
July 10, 2024 - 10:15pm

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