Loan amount
$4,000,500
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$4,500,000
{PP:$4,000,080}
LTV
89%
{LTV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
782
Deal experience
None
This loan scenario was submitted by a Broker
Yes
Property Details
City
Fort Lauderdale
State
Florida
Loan Details
Purchase price
$4,000,080
Down payment
$10
Additional Loan Information
In contract close June 15, 2026. A+ property No renovation needed, rent ready. The seller is a tired landlord without a management company. Has not renewed leases or created new leases due to sell, some units are rented, while others are vacant. The market rent for all units is $37,000, need to stabilize rents, to refinance, buyer is an developer, and real estate agent.
Status
Closed
Created
May 27, 2026 - 5:00pm
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