Loan amount
$125,000
Loan type
Refinance
{Rent&Hold}
As-Is Property Value
$500,000
LTV
25%
{LTV}
Property type
Gas/Convenient Station
Borrower Details
Credit score
702
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Sheridan
State
Arkansas
Loan Details
Current mortgage balance
$125,000
Additional Loan Information
Leasing Gas station with convenience store and a quick serve restaurant. Already rented for 12 years lease. Monthly rent is $3000. Gas station was purchased in January 2022 and rented last year in July.
Status
Open
Created
May 1, 2024 - 5:42pm
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