This repeat borrower is an experienced investor adding this duplex for $320k to their existing rental portfolio. This newly constructed duplex is appraised for $325 As-Is. With the borrower already having 1 of the 2 units pre-leased for $1,400 per month and an additional $1,400 per month is estimated on the vacant unit. Sponsor has great credit with a mid-score of 753 and about $130k in total assets/liquidity.
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