Royal Rose Properties's Discussions
6-unit Purchase Loan for $108k
Started this discussion. Last reply by Simmy Ahluwalia Jan 17, 2020. 5 Replies 1 Like
Buying a performing 6-unit building in Detroit for $135k, looking for 80% LTV loanContinue
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"Hi, are you still looking for financing on this 6-unit? You probably won't get 80% in Detroit. More like 70% LTV."
"Thanks! We're interested as long as there are no upfront broker fees."
"Hello i am Thomas Wood a mortgage broker, i can get you a legitimate lender who can fund your deal only if you are still interested, please contact me on tomaswood@mail.com "
"No rehab needed.
Annual Property Tax $2700
Annual Insurance $1500
Annual Rents $30,000
What else do you need to know please?"
"Please provide more information. Can provide a 80% loan. Does the building need some rehab?
Regards,
Phillip Walker
Stone Creek Financial Services
707-342-0872
stonecreekfs@yahoo.com"
6-unit Purchase Loan for $108k
Buying a performing 6-unit building in Detroit for $135k, looking for 80% LTV loanSee More
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