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Updated over 4 years ago,

User Stats

81
Posts
17
Votes
Joe Gilroy
  • Rental Property Investor
  • Castro Valley, CA
17
Votes |
81
Posts

What type of funding would be appropriate ?

Joe Gilroy
  • Rental Property Investor
  • Castro Valley, CA
Posted

Your goals and story: Goal is to buy a duplex or triplex.

Type of property: duplex or triplex

Location of property: Ohio, or Pa.

Purpose of financing: purchase

Type of financing sought: Not sure

Occupancy: owner occupied – live in one unit and rent the other unit out

Value of property at present and/or your offer price: $ 120,000

After repair value: $ na

Anticipated or actual appraisal issues: no,

Current rents per month: $ 700

Fair market rents per month: $ 700

Down payment or equity: 5 % or 10 % down

Source of down payment funds, if applicable: own funds

Income Source: retired,

Gross monthly income (optional): $

Monthly debt obligations appearing on credit report, plus (if applicable) personal rent and alimony/child support/etc: $0

FICO: Excellent, .

Credit issues:

Additional details: Looking for Stated income or Alt Doc type loan

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