Looking for a 75% LTV on a clean, large duplex

[David Kindopp]

The Good:

Clean, large duplex.

NOI: $53,600 (honest NOI includes a generous 10% vacancy rate)

New leases.

Old appraisal: $685,000 (5 mos) using outdated income (rents have been increased by $1,000 per mo) -- and expenses (have been reduced by about $1,000 per mo.) 

The Bad: Some cash out

The Ugly: Borrower credit high 5's.

Illinois

David K

916-507-9923

[e-mail]

[WKL David]

DAC USA Related Funding Application Website:

https://davidallencapital.com/partner/?refcode=102714544

To apply, you will need to fill in the following information during the processing of the relevant funding application:

Agent Name : David Lee

Agent ID# : 102714544

David Lee

DAC USA Registered Broker
https://davidallencapital.com/partner/?refcode=102714544