8 Units Multifamily
Another Successful Funded Loan
- $1,000,000
- 5 Year Fixed @ 4.150%
- Purchase-62% LTV
- 8 Units
- Multifamily Property
- Long Beach, CA
ASSIGNMENT:
Loan to purchase the property.
CHALLENGE:
Low rents made the property DCR challenged.
SOLUTION:
Placed the loan at the lowest underwriting rate and lowest DCR at the time to yield the highest LTV.
