Mortgage lead for Residential loan in Maple Heights, OH, 44137

Loan Request for Residential loan in Maple Heights, OH, 44137

Request #3699988 by Lender

Date Posted

2/14/2024 11:59:46 AM

Property at

Maple Heights, OH, 44137, USA Show Map

Borrower at

Property Type

Residential

Property Value

$120,000

Loan Request

$80,000

LTV

66.67 %

Credit Rating

780 or more

Loan Purpose

Property Purchase

Purpose

Fund the purchase of a fully-occupied, managed portfolio in the inner ring suburbs of Cleveland, where the purchase price is around 65% of the property values. Preference to purchase the business entity, an LLC, rather than to purchase each individual property. Preference to have a large LTC for the initial purchase, given the value of the portfolio relative to the purchase price.

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Loan Request for Residential loan in Maple Heights, OH, 44137