Need 120K loan - 80 to 75% LTV - Non Recourse or No Docs
Here are the brief details of the deal. Purchase price 148,000 6 unit building.
Income 41100
NOI 20,023 - Being extremely conservative
As you can see the DSCR is over 2, and it is a 13.5% cap rate.
This deal should support itself. I have a 780 credit score.
If anyone can help me please let me know....and I will send you all my financials for the deal, and myself personally.
Regards,
Chadd
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