Borrower is a new client, looking for 50% of purchase funds. The property was purchased for $480K in September and it is now appraised for $505k as-is. An appraiser estimated market rent of $2,600/month with a post-closing lease condition added. With two sponsors on the loan, each with excellent credit scores and over $100K in liquidity, the deal is strong and secure.
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REAL ESTATE FINANCING
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RECENT LOANS
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BROKER REFERRAL PROGRAM
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CORRESPONDENT LENDING
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PREFERRED VENDORS
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CORE VALUES
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OUR TEAM
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Recent Articles
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JOIN OUR TEAM
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FAQ
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Amplify Your Education
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DOCUMENT LIBRARY
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REAL ESTATE INVESTING TERMS
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REHAB BUDGET BUILDER
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