Loan amount
$38,000,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$40,000,000
{PP:$38,000,000}
LTV
95%
{LTV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
600
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Largo
State
Florida
Loan Details
Purchase price
$38,000,000
Down payment
$0
Additional Loan Information
The property valuation I get is little over 40 mil with the price of 38mil there is already equity in the property and with the management company in place and profitable our company feels like it would be a profitable deal.
Status
Closed
Created
September 8, 2025 - 10:46am
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